TSX VENTURE SHORT POSITIONS (September 29, 2008)

Short positions outstanding at Aug. 31/08 (with changes from Aug. 15/08).

Largest short positions
Gold Wheaton GLW 1208800 1055800
Westernzagros WZR 1131734 -39680
Raytec Metals RAY 1103500 -554833
Potash North PON 937381 -380685
Sherwood Copper SWC 764460 -75400
Largo Resources LGO 749000 -788500
Magindustries MAA 702053 -364204
Hathor Expl HAT 597800 -27434
Rocmec Mining. RMI 590000 590000
Waratah Coal WCI 570400 -292060
VMS Ventures VMS 490955 -65000
Nwt Uranium NWT 443760 291251
Copper Mountain CUM 334050 -40450
Orko Silver OK 318900 -45900
Global Hunter BOB 317500 317500
Largest increase in short position
Cloudbreak CDB 1859609 1859146
Largo Res LGO 4956700 1004400
Bear Creek BCM 667441 621941
Raytec Metals RAY 1878000 468050
Diamonds North DDN 409900 405400
Largest decrease in short position
Gold Wheaton GLW 1208800 1055800
Terraco Gold TEN 0 1022000
Dumont Nickel DNI 0 -950000
Largo Res LGO 749000 -788500
Raytec Metals RAY 1103500 -554833
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