TSX Venture Short Positions (December 31, 2007)

Short positions outstanding at Nov. 30/07 (with changes from Nov. 15/07).

Largest short positions Change
Peak Gold PIK 7585000 -1836499
Yukon Zinc YZC 6412000 4988000
Blue Note Mining BN 2913400 2061900
VMS Ventures VMS 2807000 148833
Carmax Explorations CMX 1990752 241205
Bayswater Uranium BAY 1592300 62980
Sherwood Copper SWC 1356186 215936
Rusoro Mining RML 1349018 -123950
Roca Mines ROK 1246825 -200675
Westernzagros Res WZR 1244455 -130983
Kodiak Exploration KXL 927900 213600
Noront Resources NOT 847000 -30200
Fortuna Silver FVI 811185 -45414
Forest Gate Res FGT 800000 -50000
Crowflight Minls CML 667400 667400
Largest increases in short position Change
Yukon Zinc YZC 6412000 4988000
Blue Note Mining BN 2913400 2061900
Crowflight Minls CML 667400 667400
Cadiscor Resources CAO 503000 503000
Amazon Mining AMZ 447000 447000
Largest decreases in short position Change
San Gold SGR 430400 -1905000
Peak Gold PIK 7585000 -1836499
Skyharbour Res SYH 0 -1237500
Commerce Resour CCE 290900 -872154
Magindustries MAA 1212 -818500
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