TSX Shorts (July 18, 2005)

Short positions outstanding at June 30, 2005 (change from June 15).

Largest short positions Change
Kinross Gold 27312730 238216
Cambior 24887060 -502266
Goldcorp 24863239 -811684
Sherritt Intl 15837518 -249316
Bema Gold 12370783 3262578
Inco 9747049 -776323
Yamana Gold 9676353 459533
Cameco 8105721 -123806
Golden Star Res 7312906 565335
Northern Orion Res 7311678 594680
Teck Cominco SVB 7056391 -277887
Barrick Gold 6954399 -637438
Ivanhoe Mines 6392938 577220
Lionore Mining Intl 5244102 37449
Bolivar Gold 4977094 2628622

Largest increases in short position

Bema Gold 12370783 3262578
Bolivar Gold 4977094 2628622
Novagold Res 3605079 1381797
High River Gold 945273 945077
Tahera Diamond 1897500 719600

Largest decreases in short position

Queenstake Res 429000 -2132600
Guinor Gold 185142 -2108858
Amerigo Res 2700 -1566600
Goldcorp 24863239 -811684
Northgate Minls 1098373 -808783
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