TSX VENTURE SHORT POSITIONS (October 13, 2008)

Short positions outstanding at Sept. 30/08 (with changes from
Sept. 15/08).
Largest short positions
Gold Wheaton Gold GLW 2734100 1252188
Largo Resources LGO 1299500 563000
Westernzagros Res WZR 1124561 110
Raytec Metals RAY 938000 25000
Hathor Exploration HAT 817300 145100
Sherwood Copper SWC 798560 97710
Potash North Res PON 696324 88500
Orko Silver OK 436900 -102739
Whitemud Res WMK 330960 760
Castillian Res CT 300000 300000
Waratah Coal WCI 297636 -439464
Magindustries MAA 284673 -377295
Southern Arc SA 280200 0
Geologix Explor GIX 266599 -5200
VMS Ventures VMS 250955 -150000
Largest increase in short position
Gold Wheaton Gold GLW 2734100 1252188
Largo Res LGO 1299500 563000
Castillian Res CT 300000 300000
Stealth Minerals SML 150000 150000
Hathor Exploration HAT 817300 145100
Largest decrease in short position
Waratah Coal WCI 297636 -439464
African Aura Res AAZ 0 -385000
Magindustries MAA 284673 -377295
Manson Creek MCK 0 -277000
Noront Res NOT 44600 -265400
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