TSE Shorts (August 27, 2001)

Short positions outstanding at August 15, 2001

Larger individual positions include:

Alcan Inc. 1,285,090 up 105,173; Anderson Exploration 4,280,983 down 1,086,881; Barrick Gold 12,068,975 down 773,978; Boliden Ltd. 4,397,067 down 421,522; Brascan Corp. Cl ‘A’ 1,825,616 down 637,309; Breakwater 335,100 up 331,500; Cameco 161,845 down 157,626; Echo Bay Mines 177,697 up 135,567; Falconbridge Ltd. 572,853 up 75,392; Franco-Nevada 5,303,763 down 2,511,898; Goldcorp Inc. 1,664,340 down 162,313; Inco Ltd. 8,930,618 down 1,938,840; Kinross Gold 2,525,278 up 127,256; Meridian Gold 336,176 down 224,651; Namibian Minerals 327,100 up 132,600; Noranda 2,282,499 down 564,269; Placer Dome 2,045,164 down 300,789; Rio Alto Exploration 2,056,172 down 735,272; Sherritt Int’l Corp. 10,891,804 down 141,689; Suncor Energy 1,081,962 up 128,380; Teck Corp. Cl ‘B’ 9,154,698 down 1,277,030; TVX Gold 313,760 up 61,870