TSE Short Positions (October 17, 1994)

Semi-monthly reports as of Sept 15, 1994 showed 252,996,914 shares of 872 issues compared with 277,080,927 shares of 904 issues on Aug 31, 1994.

Larger individual positions included: Aber 108,040; Adex M’g. 0, down 60,000; Adrian Res. 41,000, down 28,000; Agnico-Eagle 53,049; Amer. Barrick 6,446,893, down 318,102; Arimetco Intl. 553,750, down 40,000; Aurex Res. 566,900, up 550,900; Battle Mountain 0, down 82,564; Beau Cda. Expl. 87,400; Bema Gold 939,650, up 686,050; Breakwater Res. 330,200, up 30,300; Caledonia M’g. 171,500; Cambior 874,700, up 83,100; Cameco 652,800, down 51,603,200; Campbell Res. 552,928, up 349,800; Chase 115,606, up 111,306; Cominco Ltd. 80,900; Cominco Res. Intl. 1,487,900, up 504,458; Cons. Ramrod 95,300; CS Res. 93,700, up 93,700; Cusac 54,500, up 54,500; Czar Res. 399,300; Deak Res. 81,685, down 228,715; Dofasco 4,175,069, up 345,600; Dorset Expl. 10,100, down 46,700; Echo Bay 609,700, down 230,894; Eden Roc Min. 67,500; Euro-Nevada 569,000; Falconbridge 860,900, down 66,200; Franco-Nevada M’g. 268,200, up 29,287; Glamis Gold 10,187, down 27,400; Global Stone 995,000, up 288,200; Golden Star 252,800; Greater Lenora 71,500; Gulfstream 48,000, up 47,500; Hemlo Gold 677,555; Imperial Metals 124,800, up 74,800; Inco 800,809, down 216,803; Joutel Res. 6,500, down 37,000; Kinross Gold 693,316, up 315,616; Lac Minerals 206,362, down 1,875,338; Lytton Min. 480,100; Mark Res. 239,333; Metall M’g. 4,958,306, up 2,035,382; Minera Rayrock svA 694,430; Miramar M’g. 361,424, down 807,649; Muscocho Expl. 164,800, up 141,400; Moramco M’g. 73,800, up 56,800; Noranda 4,221,585, down 554,050; Novicourt 494,300; Nuinsco 238,600, up 185,000; Orvana Minerals 71,600; Pan American Mineral 88,500, up 57,395; Pangea Goldfields 29,300, up 29,100; Pegasus Gold 92,501; Petromet Res. 727,555; Placer Dome 1,536,466, down 510,275; Potash Corp. of Sask. 827,900, down 285,104; Queenstake Res. 67,600, up 46,500; Redstone Res. 7,800, down 69,500; Rio Algom 691,080, down 214,440; Royal Oak 2,929,400, up 404,100; Sherritt Inc. 367,800, down 345,800; Southwestern Gold 89,800, down 32,800; Teck svB 2,096,776, down 279,526; Tidal Res. 79,800; Triton M’g 36,400, down 121,600; TVX Gold 299,700, down 315,875; Tyler Res. 57,000, down 315,875; Vengold 146,100, up 101,203; Western Garnet 558,500.