Short Position Report (May 23, 2008)

TSX Short Positions
Short positions outstanding at May. 15/08 (with changes from Apr. 30/08).
Largest Short Positions
Security Ticker Total Short Change
Yamana Gold YRI 31344163 2168472
Lundin Mining LUN 23959461 1368652
Cameco CCO 21712683 588630
Uranium One UUU 15906008 373104
Eastern Platinum ELR 15806693 -5391938
Ivanhoe Mines IVN 13013146 404998
Silver Wheaton SLW 10935946 -581223
Red Back Mining RBI 10914295 1073204
Thompson Creek TCM 10137351 819256
Iamgold IMG 10050089 -39159
Kinross Gold K 9405399 1188197
Teck Cominco TCK.B 8427755 249972
Breakwater Res BWR 6606178 -81548
Metallica Res MR 6562543 174522
Hudbay Minerals HBM 5845751 1044929
Largest Increase in Short Position
Security Ticker Total Short Change
Yamana Gold YRI 31344163 2168472
International Min IMZ.WT 1994159 1994159
New Gold NGD.WT.A 1999200 1763100
Western Canadian Coal WTN 4142462 1626209
Aurelian Resources ARU 2584309 1602022
Largest Decrease in Short Position
Security Ticker Total Short Change
Equinox Minerals EQN 3533529 -22375446
Eastern Platinum ELR 15806693 -5391938
Tiomin Resources TIO 60900 -5317100
Scorpio Mining SPM 1287100 -2377209
Sherritt International S 2534322 -2141380
TSX Venture Short Positions
Short positions outstanding at May. 15/08 (with changes from Apr. 30/08).
Largest Short Positions
Security Ticker Total Short Change
Peak Gold PIK 5718200 1461800
North American Gem NAG 3246000 3246000
Westernzagros WZR 1122493 -85372
Sabina Silver SBB 1001528 -143100
Amazon Mining AMZ 995100 -7500
Roca Mines ROK 921500 -1000
Sherwood Copper SWC 826840 8400
Goldsource GXS 789100 413400
Western Potash WPX 699700 699700
Hathor Exploration HAT 597300 -61700
Silverstone Res SST 554300 5600
Yukon Zinc YZC 505500 400000
Panterra Res PAN 444500 118000
Fancamp Explor FNC 383632 -11341
Copper Mountain CUM 353980 353980
Largest Increase in Short Position
Security Ticker Total Short Change
North American Gem NAG 3246000 3246000
Peak Gold PIK 5718200 1461800
Western Potash WPX 699700 699700
Goldsource GXS 789100 413400
Yukon Zinc YZC 505500 400000
Largest Decrease in Short Position
Security Ticker Total Short Change
Copper Creek CPV 0 -2405000
Saturn Minerals SMI 100 -621667
Canadian Arrow CRO 25000 -404800
Inca Pacific Res IPR 50600 -300000
Golden Band Res GBN 0 -292000
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