Short Position Report (May 22, 2007)

TSX Short Positions
Short positions outstanding at May 15/07 (with changes from May 30/07).
Largest Short Positions
Security Ticker Total Short Change
Kinross Gold K 30958519 221171
Cameco CCO 20665795 -333654
Northern Orion Res NNO 19865003 1870995
Iamgold IMG 13825379 71926
Lundin Mining LUN 10237213 1252243
Yamana Gold YRI 8669328 -388598
Silver Wheaton SLW 8132987 154160
Ivanhoe Mines IVN 7403922 548980
Sherritt Intl S 7403342 2946285
Coalcorp Mining CCJ 7317500 945394
Breakwater Res BWR 7253038 269056
Barrick Gold ABX 6986250 689551
Mega Uranium MGA 6576516 1806500
Eastern Platinum ELR 5910710 -14785635
Denison Mines DML 5557978 188470
Largest Increase in Short Position
Security Ticker Total Short Change
Coeur D’alene Mines CDM 4059050 3899850
Starfield Resources SRU 3410200 3404839
Sherritt Intl S 7403342 2946285
Teck Cominco B TCK.B 5114736 2904133
Golden Star Res GSC 4292412 2772255
Largest Decrease in Short Position
Security Ticker Total Short Change
Eastern Platinum ELR 5910710 -14785635
SXR Uranium One SXR 2778352 -11249462
Mirabela Nickel MNB 38500 -2751580
Great Basin Gold GBG 209474 -2643925
U.S. Gold UXG 1786296 -2295797
TSX Venture Short Positions
Short positions outstanding at May 15/07 (with changes from May 30/07).
Largest Short Positions
Security Ticker Total Short Change
Strateco Resources RSC 3877500 222200
Osisko Exploration OSK 2277800 134500
Nautilus Minerals NUS 1774000 1200
Crowflight Minerals CML 1733100 856228
First Majestic Silver FR 1631309 -265010
Metanor Resources MTO 1404569 991786
Hathor Exploration HAT 1399000 -52800
Bayswater Uranium BAY 1364493 266079
Uranium Power UPC 1191200 -16329
Cash Minerals CHX 1055000 78500
Sabina Silver SBB 1053222 -146600
Unor UNI 1000000 1000000
Alexis Minerals AMC 975340 -120600
Bonaventure Enterpr BVT 915000 814139
Andina Minerals ADM 906000 -42700
Largest Increase in Short Position
Security Ticker Total Short Change
Unor UNI 1000000 1000000
Metanor Resources MTO 1404569 991786
Crowflight Minerals CML 1733100 856228
Bona
venture Enterpr
BVT 915000 814139
ECU Silver Mining ECU 858500 810500
Largest Decrease in Short Position
Security Ticker Total Short Change
Mano River Resources MNO 0 -1272754
Monroe Minerals MMX 0 -1153846
Stingray Resources SRY 58700 -1023000
Medoro Resources MRS 0 -1000000
Roca Mines ROK 319200 -746000
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