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Warrant Sheets for Companies as of Aug 26th, 2011

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Company Name Company     Yahoo Canadian Yahoo         Approx Stocks in        1 Month      
(click on the company name for  News    U. S. Insider Info. U. S. Exercise Exercise  Price Expiration Days left the money   Canadian Wts Historic   Fair  
number of warrants trading, and Warrant Symbol Cdn Stock Symbol Price Price     of   Date Until (Intrinsic Leverage Warrant per Volatility Warrant Market Comments
company website and warrant PRs.) Charts CUSIP NO Stock Symbol Warrant US$ Cdn$ Common   Expiry Value)   Symbol Share Annualized Price Value  
Kinross K.WT.B 496902 16 4 KGC T.K KGCAF.pk   $22.49 17.35 7-Sep-11 11 -5.14 771.55 K.WT.B 2.24871 47.4% 0.01 $0.00 Very Overvalued
Peregrine Metals PGM.WT 71390A 13 0   T.PGM     $2.00 2.36 11-Sep-11 15 0.36 7.61 PGM.WT 1 37.3% 0.31 $0.37 Undervalued
SCITI Trust SIN.WT     T.SIN.UN     $14.04 12.9 15-Sep-11 19 -1.14 2580 SIN.WT 1 53.1% 0.005 $0.26 Bargain
Gold Participation and Income Fund GPF.WT.A     T.GPF.UN     $13.02 13.1 15-Sep-11 19 0.08 81.88 GPF.WT.A 1 28.8% 0.16 $0.41 Bargain
Banro Corp BAA.WT 066800 11 1 BAA T.BAA BAA.WS $2.20 $2.12 4.65 17-Sep-11 21 2.53 1.86 BAA.WT 1 73.4% 2.5 $2.54 Fair Market Value
EnerVest Diversified Income Trust EIT.WT.A     T.EIT.UN     $15.27 13.89 20-Sep-11 24 -1.38 2778 EIT.WT.A 1 40.1% 0.005 $0.16 Bargain
Ivanhoe Australia IVA.WT Q4980B   T.IVA   3.38 (AUD) $3.50 2 20-Sep-11 24 -1.5 100 IVA.WT 1 115.2% 0.02 $0.01 Overvalued
Compton Petroleum Corp CMT.WT 204940 11 8   T.CMT     $309.99 7.92 25-Sep-11 29 -302.07 7.92 CMT.WT 200 166.2% 0.005 $0.00 Very Overvalued
Avalon Rare Metals Inc AVL.WT 053470 15 9   T.AVL     $3.60 4.06 30-Sep-11 34 0.46 4.78 AVL.WT 1 103.9% 0.85 $0.76 Overvalued
Canada Lithium Corp. CLQ.WT 135120 11 1   V.CLQ     $0.80 0.6 30-Sep-11 34 -0.2 10.91 CLQ.WT 1 118.2% 0.055 $0.03 Overvalued
C A Bancorp Cdn Rlty Fin Corp RF.WT 12467Q 11 1   T.RF-A     $23.75 20 30-Sep-11 34 -3.75 4000 RF.WT 1 20.3% 0.005 $0.00 Very Overvalued
Fortress Energy Inc FEI.WT.A 34958M 14 4 FEIFF.pk T.FEI     $0.55 0.045 30-Sep-11 34 -0.51 9 FEI.WT.A 1 5.0% 0.005 $0.00 Very Overvalued
Endeavour Silver Corp EDR.WT 29258Y 12 9   T.EDR     $3.60 11.33 7-Oct-11 41 7.73 1.51 EDR.WT 1 81.8% 7.5 $7.75 Fair Market Value
GMIncome & Growth Fund  GMF.WT 380126   T.GMF-UN     $12.00 10.56 14-Oct-11 48 -1.44 1056 GMF.WT 1 30.4% 0.01 $0.09 Bargain
Tuscany Intl Drilling Inc TID.WT 90069C 12 8   T.TID   $1.75 $1.68 0.77 16-Oct-11 50 -0.91 30.8 TID.WT 1 107.5% 0.025 $0.00 Very Overvalued
Vista Gold VGZ.WT.S 927926 VGZ T.VGZ     $3.50 3.19 22-Oct-11 56 -0.31 3.26 VGZ.WT.S 1 77.9% 0.98 $0.28 Very Overvalued
Thompson Creek Metals TCM.WT 884768 11 0 TC T.TCM TCMWF.pk   $9.00 7.55 27-Oct-11 61 -1.45 27.45 TCM.WT 1 71.2% 0.275 $0.42 Bargain
North American Palladium Ltd. PDL.WT.B 656912 13 6   T.PDL     $6.50 3.71 28-Oct-11 62 -2.79 46.38 PDL.WT.B 1 104.3% 0.08 $0.10 Undervalued
Star Portfolio Corp XYM.WT 855160   T.XYM     $12.00 9.95 31-Oct-11 65 -2.05 1990 XYM.WT 1 46.3% 0.005 $0.21 Bargain
CC&L Conservative Income CCP.WT     T.CCP-UN     $26.75 22.7 2-Nov-11 66 -4.05 4540 CCP.WT 1 38.7% 0.005 $0.39 Bargain
Gran Colombia Gold Corp GCM.WT.A 38501D 11 3   V.GCM     $3.13 0.76 3-Nov-11 67 -2.37 126.67 GCM.WT.A 1.2 83.1% 0.005 $0.00 Very Overvalued
Geovic Mining Corp GMC.WT 373686 11 2 GVCM.pk T.GMC GVCMW.pk   $2.75 0.26 3-Nov-11 67 -2.49 52 GMC.WT 1 98.0% 0.005 $0.00 Very Overvalued
TAG Oil Ltd TAO.WT 87377N 11 9   T.TAO     $3.60 6.38 5-Nov-11 69 2.78 2.29 TAO.WT 1 33.6% 2.79 $2.81 Fair Market Value
Urbana Corp URB.WT.B 91707P 13 3   T.URB     $2.50 1 10-Nov-11 74 -1.5 200 URB.WT.B 1 47.2% 0.005 $0.00 Very Overvalued
Torex Gold Resources Inc TXG.WT 891054 11 6   T.TXG     $1.30 1.71 12-Nov-11 76 0.41 4.62 TXG.WT 1 69.2% 0.37 $0.47 Undervalued
Katanga Mining KAT.WT G5221G 11 7 KATFF.pk T.KAT KATGF.pk   $8.50 1.41 20-Nov-11 84 -7.09 282 KAT.WT 1 147.3% 0.005 $0.00 Fair Market Value
Propel Multi-Strategy Fund PPF.WT 74344U 11 1   T.PPF-UN     $10.00 7.36 30-Nov-11 94 -2.64 1472 PPF.WT 1 44.9% 0.005 $0.09 Bargain
Harvest Canadian Inc & Gr Fund HCF.WT 41753D 11 2   T.HCF.UN     $12.00 11.6 30-Nov-11 94 -0.4 210.91 HCF.WT 1 36.4% 0.055 $0.76 Bargain
Reliant Gold Corp REC.WT 75954L 11 9   V.REC     $0.25 0.11 30-Nov-11 94 -0.14 11.00 REC.WT 1 178.8% 0.01 $0.01 Undervalued
Citadel Income Fund CTF.WT 17286A 11    T.CTF-UN     $5.55 4.71 2-Dec-11 96 -0.84 942 CTF.WT 1 34.3% 0.005 $0.10 Bargain
Fortune Minerals Ltd. FT.WT.A 34967D 15 0   T.FT     $0.80 1.12 3-Dec-11 97 0.32 2.95 FT.WT.A 1 71.4% 0.38 $0.36 Fair Market Value
Premium Income Corp  PIC.WT 740910 11   T.PIC.A/T.PIC.PRA     $23.65 21.6 15-Dec-11 109 -2.05 720 PIC.WT 2 39.5% 0.015 $0.61 Bargain
Xinergy Ltd XRG.WT 98417U 11 2   T.XRG     $4.20 3.77 21-Dec-11 115 -0.43 7.39 XRG.WT 1 72.5% 0.51 $0.48 Fair Market Value
Minefinders Corp MFL.WT 602900 12 8 MFN T.MFL     $5.00 15.74 31-Dec-11 125 10.74 1.46 MFL.WT 1 60.2% 10.75 $10.83 Fair Market Value
Omega Advisors U.S. Cap App Fd OUS.WT 682068 11 9   T.OUS-UN     $10.00 7.69 16-Jan-12 140 -2.31 85.44 OUS.WT 1 38.2% 0.09 $0.17 Bargain
Canoe Go Canada Income Fund GCI.WT 137802 11 2   T.GCI.UN     $12.00 9.25 30-Jan-12 154 -2.75 616.67 GCI.WT 1 53.8% 0.015 $0.54 Bargain
Mega Uranium MGA.WT 58516W 11 2 MGAFF.pk T.MGA MEGUF.pk   $5.45 0.31 12-Feb-12 166 -5.14 56.36 MGA.WT 1.1 67.7% 0.005 $0.00 Very Overvalued
Mercator Minerals Ltd ML.WT 587582 11 5 MLKKF.pk T.ML MRCMF.pk   $4.00 2.29 16-Feb-12 170 -1.71 7.63 ML.WT 1 74.8% 0.3 $0.12 Very Overvalued
Chesapeake Gold CKG.WT 165184 11 0 CHPGF.pk V.CKG CEPKE   $8.00 11.81 23-Feb-12 177 3.81 2.78 CKG.WT 1 44.0% 4.25 $4.13 Fair Market Value
Canadian Income Mgmt Tr CNM.WT 13607T 11 4 CNDNF.pk T.CNM-UN     $2.60 1.09 28-Feb-12 182 -1.51 218 CNM.WT 1 126.1% 0.005 $0.13 Bargain
M Split Corp XMF.WT.A 55376A 12 3   T.XMF     $12.50 0.2 28-Feb-12 182 -12.3 40 XMF.WT.A 1 229.8% 0.005 $0.00 Overvalued
Commerce Split Corp unit YCM.WT.A 200701 12 6   T.YCM     $12.50 0.68 28-Feb-12 182 -11.82 45.33 YCM.WT.A 1 79.7% 0.015 $0.00 Very Overvalued
Tembec TMB.WT 87974D 11 8 TMBCF.pk T.TMB     $12.00 2.75 29-Feb-12 183 -9.25 55 TMB.WT 1 51.3% 0.05 $0.00 Very Overvalued
Bankers Petroleum BNK.WT.A 066286 14 7 BNKJF.pk T.BNK BAPKF.PK   $2.37 4.65 1-Mar-12 185 2.28 1.86 BNK.WT.A 1 69.3% 2.5 $2.40 Fair Market Value
Geovic Mining Corp GMC.WT.A 373686 12 0 GVCM.pk T.GMC GVICW.pk   $3.00 0.26 6-Mar-12 190 -2.74 52 GMC.WT.A 1 98.0% 0.005 $0.00 Very Overvalued
Franco-Nevada FNV.WT 351858 11 3 FNNVF.pk T.FNV FNCNF.pk   $32.00 42.14 13-Mar-12 197 10.14 4.17 FNV.WT 1 35.5% 10.1 $11.59 Undervalued
Global Adv Tele&Utilities Inc Fd HGI.WT 37951F 11 5    T.HGI.UN     $12.00 9.04 30-Mar-12 214 -2.96 301.33 HGI.WT 1 81.1% 0.03 $1.43 Bargain
New Gold Inc. NGD.WT.B 644535 13 0 NGD T.NGD NEGWF.pk   $15.00 13.27 3-Apr-12 217 -1.73 13.27 NGD.WT.B 10 59.9% 0.1 $0.20 Bargain
Pretium Resources PVG.WT     T.PVG     $12.50 10.08 8-Apr-12 222 -2.42 11.2 PVG.WT 1 51.4% 0.9 $0.94 Fair Market Value
Pinetree Capital PNP.WT 723330 12 2 PNPFF.pk T.PNP PNLDF.pk   $15.00 1.69 16-Apr-12 230 -13.31 84.5 PNP.WT 1 83.2% 0.02 $0.00 Very Overvalued
Mines Management  MGT.WT.U 603432 11 3 MGN T.MGT   $5.75 $5.53 1.55 20-Apr-12 234 -3.98 7.75 MGT.WT.U 1 64.9% 0.2 $0.00 Very Overvalued
Geovic Mining Corp GMC.WT.B U37397 11 1 GVCM.pk T.GMC     $5.00 0.26 27-Apr-12 241 -4.74 26 GMC.WT.B 1 98.0% 0.01 $0.00 Very Overvalued
RedWater Energy RED.WT 75774W 11 3   V.RED     $0.50 0.335 29-Apr-12 243 -0.17 16.75 RED.WT 1 84.9% 0.02 $0.05 Bargain
Bennett Environmental Inc BEV.WT 081906 14    T.BEV     $3.75 2.09 7-May-12 251 -1.66 11.61 BEV.WT 1 40.1% 0.18 $0.02 Very Overvalued
Metanor Resources MTO.WT 59138Q 13 7 MEAOF.pk V.MTO MNNRF.pk   $1.00 0.33 15-May-12 259 -0.67 4.71 MTO.WT 1 87.8% 0.07 $0.01 Very Overvalued
Caza Gold Corp CZY.WT 149798 11 8   V.CZY     $0.45 0.295 22-May-12 266 -0.16 9.83 CZY.WT 1 61.5% 0.03 $0.03 Overvalued
Petromanas Energy In PMI.WT.A 71672A 13 9   V.PMI     $0.60 0.185 28-May-12 272 -0.42 12.33 PMI.WT.A 1 103.8% 0.015 $0.01 Fair Market Value
Rodinia Oil Corp ROZ.WT 77487N 11 7   V.ROZ     $1.33 1.17 28-May-12 272 -0.16 2.34 ROZ.WT 1 67.8% 0.5 $0.23 Very Overvalued
Andina Minerals Inc ADM.WT 034219 14 7   V.ADM     $2.25 1.22 2-Jun-12 276 -1.03 11.09 ADM.WT 1 53.3% 0.11 $0.04 Very Overvalued
Aberdeen International AAB.WT 003069 11 9   T.AAB     $1.00 0.76 6-Jun-12 280 -0.24 5.85 AAB.WT 1 44.4% 0.13 $0.06 Very Overvalued
Mega Uranium MGA.WT.A 58516W 12 0 MGAFF.pk T.MGA     $6.35 0.31 6-Jun-12 280 -6.04 14.09 MGA.WT.A 1.1 67.7% 0.02 $0.00 Very Overvalued
Touchstone Exploration Inc TAB.WT 89156A 11 0   V.TAB   $0.75 $0.72 0.465 11-Jun-12 285 -0.26 3.58 TAB.WT 1 74.9% 0.13 $0.06 Very Overvalued
ARISE Technologies Corp APV.WT 04040Q 13 0   T.APV     $0.33 0.06 11-Jun-12 285 -0.27 2 APV.WT 1 87.5% 0.03 $0.00 Very Overvalued
Titanium Corp. Inc TIC.WT 88833T 12 0   V.TIC     $2.50 2.01 15-Jun-12 289 -0.49 2.01 TIC.WT 1 72.8% 1 $0.39 Very Overvalued
Yukon-Nevada Gold YNG.WT 98849Q 11 9 YNGFF.pk T.YNG     $3.00 0.43 20-Jun-12 294 -2.57 28.67 YNG.WT 1 76.4% 0.015 $0.00 Very Overvalued
Walter Energy WLT.WT 95801T 11 5 WLT T.WLT     $28.51 77.73 28-Jun-12 302 49.22 0.74 WLT.WT 8.77193 128.9% 11.95 $6.32 Overvalued
Dundee Precious Metals DPM.WT 265269 12 6 DPMLF.pk T.DPM DNPMF.pk   $15.00 8.15 29-Jun-12 303 -6.85 23.29 DPM.WT 1 46.5% 0.35 $0.19 Overvalued
Mandalay Resources Corp MND.WT 562568 12 1   T.MND     $0.33 0.65 6-Aug-12 340 0.32 2.2 MND.WT 1 68.3% 0.295 $0.36 Undervalued
Ethiopian Potash FED.WT 297653 12 3   V.FED     $0.75 0.71 9-Sep-12 373 -0.04 3.38 FED.WT 1 85.8% 0.21 $0.24 Undervalued
Quadra FNX Mining Ltd QUX.WT 74733X 11 4   T.QUX     $14.94 12.24 10-Sep-12 374 -2.7 5.83 QUX.WT 1 74.3% 2.1 $3.01 Undervalued
Continental Gold CNL.WT G23850 AA 1   T.CNL     $7.50 5.84 12-Sep-12 376 -1.66 4.49 CNL.WT 1 57.3% 1.3 $0.94 Overvalued
Trafina Energy Ltd TFA.WT.A 89273G 12 3   V.TFA.A     $0.45 0.335 21-Oct-12 415 -0.12 6.7 TFA.WT.A 1 132.4% 0.05 $0.16 Bargain
Vista Gold VGZ.WT.S 927926 VGZ T.VGZ     $4.00 3.19 22-Oct-12 416 -0.81 3.26 VGZ.WT.S 1 77.9% 0.98 $1.02 Fair Market Value
Pinetree Capital PNP.WT.A 723330 13 0 PNPFF.pk T.PNP     $6.50 1.69 23-Oct-12 417 -4.81 8.45 PNP.WT.A 1 83.2% 0.2 $0.09 Very Overvalued
Air Canada cl B AC.WT 008911 13 3   T.AC     $2.20 1.7 28-Oct-12 422 -0.5 6.8 AC.WT 1 42.9% 0.25 $0.19 Overvalued
Air Canada cl A AC.WT 008911 13 3   T.AC     $2.20 1.71 28-Oct-12 422 -0.49 6.84 AC.WT 1 37.5% 0.25 $0.16 Overvalued
Frontier Rare Earths Ltd FRO.WT G36830 11 8   T.FRO     $4.60 1.6 17-Nov-12 441 -3 15.24 FRO.WT 1 62.2% 0.105 $0.06 Overvalued
Petroamerica Oil Corp PTA.WT.A 71647B 12 1   V.PTA   $0.60 $0.58 0.145 19-Nov-12 443 -0.44 4.14 PTA.WT.A 1 101.8% 0.035 $0.02 Very Overvalued
Pacific & Western Credit Corp PWC.WT     T.PWC     $2.80 1.77 25-Nov-12 449 -1.03 14.75 PWC.WT 1 59.1% 0.12 $0.23 Bargain
New Gold Inc. NGD.WT.C 644535 14 8 NGD T.NGD NWGWF.pk   $9.00 13.27 28-Nov-12 452 4.27 2.29 NGD.WT.C 10 59.9% 0.58 $0.59 Fair Market Value
Rusoro Mining RML.WT 782227 13 6 RMLFF.pk V.RML RSMGF.pk   $4.00 0.13 29-Nov-12 453 -3.87 26 RML.WT 1 132.5% 0.005 $0.00 Overvalued
Serabi Mining SBI.WT     T.SBI     $0.75 0.295 2-Dec-12 456 -0.46 9.83 SBI.WT 1 56.3% 0.03 $0.01 Very Overvalued
Royal Nickel Corporation RNX.WT 780357 11 7   T.RNX     $3.00 0.96 16-Dec-12 470 -2.04 5.82 RNX.WT 1 67.8% 0.165 $0.05 Very Overvalued
Zazu Metals Corp ZAZ.WT 989197 11 6 ZAZUF.pk T.ZAZ     $2.25 1.25 19-Dec-12 473 -1 12.5 ZAZ.WT 1 83.4% 0.1 $0.27 Bargain
Bridgeport Ventures Inc BPV.WT.A 108404 11 2   T.BPV     $1.40 0.415 20-Dec-12 474 -0.99 13.83 BPV.WT.A 1 71.7% 0.03 $0.02 Overvalued
Seafield Resources SFF.WT 81173R 11 9   V.SFF     $0.75 0.25 21-Dec-12 475 -0.5 4.17 SFF.WT 1 107.1% 0.06 $0.05 Overvalued
Western Copper WRN.WT 95805Y 11 1   T.WRN     $3.45 2.86 22-Dec-12 476 -0.59 5.5 WRN.WT 1 70.9% 0.52 $0.79 Bargain
East West Petroleum Corp EW.WT 27580T 11 5    V.EW     $1.75 0.45 22-Dec-12 476 -1.3 5 EW.WT 1 70.1% 0.09 $0.02 Very Overvalued
Sandstorm Metals SND.WT 80013L 12 6   V.SND   $0.70 $0.67 0.495 23-Dec-12 477 -0.18 4.95 SND.WT 1 60.8% 0.1 $0.10 Fair Market Value
ARISE Technologies Corp APV.WT.A 04040Q   T.APV     $0.21 0.06 23-Dec-12 477 -0.15 1.5 APV.WT.A 1 87.5% 0.04 $0.01 Very Overvalued
GT Canada MOB.WT 36190R 11 2   V.MOB-UN     $2.25 1.25 24-Dec-12 478 -1 41.67 MOB.WT 1 121.0% 0.03 $0.49 Bargain
Argonaut Gold Ltd AR.WT 04016R 12 6   T.AR     $4.50 5.98 29-Dec-12 483 1.48 2.79 AR.WT 1 67.4% 2.14 $2.58 Undervalued
Vuzix Corp VZX.WT 92921W 11 0    V.VZX     $0.20 0.075 5-Jan-13 489 -0.13 5 VZX.WT 1 83.8% 0.015 $0.01 Overvalued
CMP Gold Trust CMP.WT.B     T.CMP     $15.00 12.5 25-Jan-13 509 -2.5 7.91 CMP.WT.B 1 33.3% 1.58 $1.43 Overvalued
Mercator Minerals Ltd ML.WT.A 587582 12 3 MLKKF.pk T.ML     $1.00 2.29 29-Jan-13 513 1.29 1.82 ML.WT.A 1 74.8% 1.26 $1.46 Undervalued
Silver Range SNG.WT 82809P 11 3   V.SNG     $0.85 1.31 10-Feb-13 524 0.46 1.41 SNG.WT 1 50.0% 0.93 $0.59 Overvalued
Kiska Metals KSK.WT 497725 11 9   V.KSK     $1.60 0.64 23-Mar-13 567 -0.96 3.76 KSK.WT 1 84.0% 0.17 $0.11 Overvalued
Macusani Yellowcake YEL.WT 555131 11 8   V.YEL     $0.85 0.17 25-Mar-13 569 -0.68 8.5 YEL.WT 1 95.4% 0.02 $0.02 Fair Market Value
North American Tungsten NTC.WT 656914116   V.NTC     $0.75 0.3 31-Mar-13 575 -0.45 8.57 NTC.WT 1 180.2% 0.035 $0.19 Bargain
US Oil Sands Inc.  USO.WT 91732K 11 7   V.USO     $0.40 0.19 18-Apr-13 592 -0.21 1.9 USO.WT 1 136.6% 0.1 $0.09 Fair Market Value
Stonegate Agricom Ltd ST.WT 86181P 11 2   T.ST     $1.50 1.1 29-Apr-13 603 -0.4 3.79 ST.WT 1 40.2% 0.29 $0.14 Very Overvalued
Calvista Gold Corp. CVZ.WT 131697 11 2    T.CVZ     $1.40 0.79 11-May-13 615 -0.61 10.53 CVZ.WT 1 114.6% 0.075 $0.34 Bargain
Claude Resources CRJ.WT 182873 14 1 CGR T.CRJ     $1.60 1.89 22-May-13 626 0.29 2.74 CRJ.WT 1 83.1% 0.69 $0.93 Undervalued
International Lithium ILC.WT 459820 11 4   V.ILC     $0.375 0.13 24-May-13 628 -0.25 6.5 ILC.WT 1 187.0% 0.02 $0.09 Bargain
Coalcorp Mining CCJ.WT.B 190135 16 0 CCJMF.pk T.CCJ     $2.50 0.19 5-Jun-13 639 -2.31 38 CCJ.WT.B 1 113.9% 0.005 $0.02 Bargain
Trimel Pharmaceuticals Corp TRL.WT 896260 11 4.   T.TRL     $3.50 1.19 14-Jun-13 648 -2.31 21.64 TRL.WT 1 79.5% 0.055 $0.18 Bargain
Papuan Precious Metals Corp PAU.WT 69887W 11 0   V.PAU     $0.40 0.52 5-Jul-13 669 0.12 1.73 PAU.WT 1 175.3% 0.3 $0.42 Undervalued
Franco-Nevada FNV.WT.B 351858 14   T.FNV     $64.27 42.14 8-Jul-13 672 -22.13 17.25 FNV.WT.B 6.43 35.5% 0.38 $0.55 Undervalued
Pinetree Capital PNP.WT.B 723330 14 8 PNPFF.pk T.PNP     $3.50 1.69 11-Jul-13 675 -1.81 2.82 PNP.WT.B 1 83.2% 0.6 $0.44 Overvalued
Ainsworth Lumber Co Ltd ANS.WT C01023 10 7   T.ANS     $12.00 1.86 29-Jul-13 693 -10.14 18.6 ANS.WT 1 81.7% 0.1 $0.12 Undervalued
Brixton Metals BBB.WT 11120Q 11 2   V.BBB     $0.25 0.12 12-Aug-13 706 -0.13 4 BBB.WT 1 83.9% 0.03 $0.03 Undervalued
Kinross   K.WT.C 496902 17 2 KGC T.K KNRSF.pk   $32.00 17.35 3-Sep-13 727 -14.65 12.95 K.WT.C 1 47.4% 1.34 $1.89 Undervalued
Silver Wheaton SLW.WT.U 828336 14 9 SLW T.SLW SLVWF.pk $20.00 $19.25 38.79 5-Sep-13 729 19.54 1.8 SLW.WT.U 1 54.6% 21.5 $22.91 Fair Market Value
Feronia Inc FRN.WT 31527R 11 7   V.FRN     $0.60 0.5 8-Sep-13 732 -0.1 3.33 FRN.WT 1 116.8% 0.15 $0.29 Bargain
Vista Gold VGZ.WT.S 927926 VGZ T.VGZ     $4.50 3.19 22-Oct-13 776 -1.31 3.26 VGZ.WT.S 1 77.9% 0.98 $1.17 Undervalued
Gazit America In GAA.WT 36829N 12 8   T.GAA     $5.63 4.81 30-Nov-13 814 -0.82 7.05 GAA.WT 1.065625 59.9% 0.64 $1.51 Bargain
Agnico-Eagle AEM.WT.U 008474 14 0 AEM T.AEM   $47.25 $45.43 67.37 2-Dec-13 816 21.94 2.57 AEM.WT.U 1 38.9% 26.24 $30.01 Undervalued
Norbord NBD.WT 65548P 12 2 NBDFF.pk T.NBD     $13.60 9.75 24-Dec-13 838 -3.85 2.38 NBD.WT 10 32.9% 0.41 $0.12 Very Overvalued
Endeavour Financial EDV.WT.A G3040R 13 3 EDVMF.pk T.EDV     $2.50 2.39 4-Feb-14 878 -0.11 3.41 EDV.WT.A 1 52.6% 0.7 $0.83 Undervalued
ECU Silver Mining Inc ECU.WT 26830P 12 1 ECUXF.pk T.ECU ESUMF.pk    $0.95 0.61 20-Feb-14 894 -0.34 1.39 ECU.WT 1 67.5% 0.44 $0.19 Very Overvalued
Canadian Western Bank CWB.WT 136765 11 2 CBWBF.pk T.CWB     $14.00 28.65 2-Mar-14 906 14.65 1.67 CWB.WT 1 20.9% 17.18 $16.32 Fair Market Value
Formation Metals FCO.WT     T.FCO     $2.00 0.81 8-Mar-14 912 -1.19 2.53 FCO.WT 1 81.9% 0.32 $0.24 Overvalued
Breakwater Resources BWR.WT.A 106902 16 6 BWLRF.pk T.BWR     $1.20 7 9-Apr-14 943 5.8 1.21 BWR.WT.A 10 7.5% 0.58 $0.59 Fair Market Value
Gazit America Inc. GAA.WT.A     T.GAA     $7.50 4.81 14-Apr-14 948 -2.69 6.01 GAA.WT.A 1 59.9% 0.8 $1.34 Bargain
Sandstorm Gold SSL.WT 80013R 11 5   V.SSL   $0.60 $0.58 1.36 23-Apr-14 957 0.78 1.7 SSL.WT 1 64.6% 0.8 $0.93 Undervalued
Manas Petroleum Corp MNP.WT 56176Q 110   V.MNP   $0.70 $0.67 0.21 6-May-14 970 -0.46 8.4 MNP.WT 1 183.8% 0.025 $0.17 Bargain
Petroamerica Oil Corp PTA.WT.B 71647B 13 9   V.PTA     $0.35 0.145 9-May-14   -0.21 3.63 PTA.WT.B 1 101.8% 0.04 $0.06 Bargain
Ram Power Corp RPG.WT     T.RPG     $0.72 0.33 19-May-14 983 -0.39 3.88 RPG.WT 1 78.4% 0.085 $0.11 Undervalued
Brick Group BRK.WT 107874 14 1    T.BRK-UN     $1.00 2.27 27-May-14 991 1.27 1.73 BRK.WT 1 36.5% 1.31 $1.42 Fair Market Value
Lupaka Gold Corp. LPK.WT 550435 11 9    T.LPK     $2.25 1 28-Jun-14 1022 -1.25 6.25 LPK.WT 1 104.1% 0.16 $0.49 Bargain
Primary Corp. PYC.WT     T.PYC     $7.500 5.65 30-Jun-14 1024 -1.85 29.74 PYC.WT 1 36.0% 0.19 $1.06 Bargain
Faircourt Gold Income FGX.WT.B 30376T 12 5   T.FGX FRCRF.pk   $9.05 10.07 30-Jun-14 1024 1.02 5.04 FGX.WT.B 1 26.8% 2 $2.95 Undervalued
U S Silver Corp USA.WT 90343P 11 9 CYLPF V.USA     $0.16 0.64 10-Jul-14 1034 0.48 1.23 USA.WT 1 92.3% 0.52 $0.53 Fair Market Value
Compton Petroleum Corp CMT.WT.A 204940 13 4.   T.CMT     $13.14 7.92 23-Aug-14 1077 -5.22 1.55 CMT.WT.A 1 166.2% 5.1 $6.50 Undervalued
Kinross K.WT.D. 496902 18 0   T.K   $21.30 $20.50 17.35 17-Sep-14 1101 -3.15 5.42 K.WT.D. 1 47.4% 3.2 $5.50 Bargain
Astral Mining Corp AA.WT 046349 13 0   V.AA     $0.75 0.2 7-Oct-14 1121 -0.55 1.67 AA.WT 1 142.6% 0.12 $0.13 Fair Market Value
Petroamerica Oil Corp PTA.WT 71647B 11 3   V.PTA     $0.75 0.145 8-Oct-14 1122 -0.61 4.14 PTA.WT 1 101.8% 0.035 $0.05 Undervalued
Bridgeport Ventures Inc BPV.WT 108404 11 2   T.BPV     $0.50 0.415 10-Oct-14 1124 -0.09 1.38 BPV.WT 1 71.7% 0.3 $0.19 Overvalued
Mega Uranium MGA.WT.B 58516W 14 6   T.MGA     $1.13 0.31 26-Oct-14 1140 -0.82 2.07 MGA.WT.B 1.11 67.7% 0.135 $0.05 Very Overvalued
Augen Gold Cor GLD.WT 05104R 12 0   V.GLD     $0.20 0.34 27-Oct-14 1141 0.14 1.89 GLD.WT 1 110.8% 0.18 $0.26 Undervalued
Brigus Gold Corp BRD.WT 109490 11 0   T.BRD     $2.20 1.49 19-Nov-14 1163 -0.71 2.76 BRD.WT 1 60.3% 0.54 $0.52 Fair Market Value
Brigus Gold Corp BRD.WT.A 109490 13 6   T.BRD     $2.19 1.49 19-Nov-14 1163 -0.7 2.16 BRD.WT.A 1 60.3% 0.69 $0.52 Overvalued
Noront Resources Ltd NOT.WT 65626P 13 5   V.NOT     $4.00 0.52 16-Dec-14 1190 -3.48 8 NOT.WT 1 78.2% 0.065 $0.07 Fair Market Value
Northquest Ltd  NQ.WT 666676 11 9    V.NQ     $0.50 0.55 21-Dec-14 1195 0.05 1.10 NQ.WT 1 211.3% 0.5 $0.52 Fair Market Value
Petromanas Energy Inc PMI.WT 71672A 11 3   V.PMI     $0.45 0.185 23-Feb-15 1257 -0.27 1.85 PMI.WT 1 103.8% 0.1 $0.10 Fair Market Value
Lanesborough REIT LRT.WT 515555 11 8   T.LRT-UN     $1.00 0.285 5-Mar-15 1269 -0.72 7.13 LRT.WT 1 151.1% 0.04 $0.21 Bargain
Rio Novo Gold Inc  RN.WT G75700 12 3   T.RN     $2.25 1.02 8-Mar-15 1272 -1.23 2.76 RN.WT 1 88.7% 0.37 $0.48 Undervalued
MEGA Brands Inc MB.WT 58515N 11 3   T.MB     $9.94 7.17 30-Mar-15 1294 -2.77 3.26 MB.WT 20 58.2% 0.11 $0.13 Undervalued
Primero Mining Corp P.WT 74164W 11 4   V.P     $8.00 4.14 19-Jul-15 1403 -3.86 6.09 P.WT 1 45.7% 0.68 $0.87 Undervalued
Gran Colombia Gold Corp GCM.WT 38501D 11 3   V.GCM     $2.60 0.76 24-Aug-15 1438 -1.84 3.38 GCM.WT 1 83.1% 0.225 $0.29 Undervalued
Prima Colombia PCT.WT 74164H 11 7   V.PCT     $0.35 0.08 21-Sep-15 1465 -0.27 2.67 PCT.WT 1 140.1% 0.03 $0.06 Bargain
Sandstorm Gold SSL.WT.A 80013R 12 3   V.SSL   $1.00 $0.96 1.36 19-Oct-15 1493 0.4 2.27 SSL.WT.A 1 64.6% 0.6 $0.85 Undervalued
Vista Gold VGZ.WT.S 927926 VGZ T.VGZ     $5.00 3.19 22-Oct-15 1496 -1.81 3.26 VGZ.WT.S 1 77.9% 0.98 $1.66 Bargain
Dundee Precious Metals DPM.WT.A 265269 13 4 DPMLF.pk T.DPM     $3.25 8.15 20-Nov-15 1524 4.9 1.58 DPM.WT.A 1 46.5% 5.15 $5.76 Undervalued
Gazit America In GAA.WT 36829N 12 8   T.GAA     $6.57 4.81 30-Nov-15 1534 -1.76 7.05 GAA.WT 1.065625 59.9% 0.64 $1.97 Bargain
Oceanic Iron Ore Corp FEO.WT.A 67524Q124   V.FEO     $0.65 0.3 30-Nov-15 1534 -0.35 3 FEO.WT.A 1 85.9% 0.1 $0.15 Bargain
Oceanic Iron Ore Corp FEO.WT.B 67524Q116   V.FEO     $1.00 0.3 30-Nov-15 1534 -0.7 2.73 FEO.WT.B 1 85.9% 0.11 $0.13 Undervalued
Titan Medical TMD.WT 88830X 11 6   V.TMD     $1.85 1.59 10-Dec-15 1544 -0.26 3.18 TMD.WT 1 53.0% 0.5 $0.69 Undervalued
Lanesborough REIT LRT.WT.A 515555 11 8   T.LRT-UN     $0.75 0.285 23-Dec-15 1557 -0.47 3.8 LRT.WT.A 1 151.1% 0.075 $0.24 Bargain
PetroMagdalena Energy Corp PMD.WT 71672C 12 7   V.PMD     $3.50 1 22-Feb-16 1616 -2.5 2.86 PMD.WT 1 95.9% 0.35 $0.52 Undervalued
Vega Resources  PAK.WT 694071 11 9   V.PAK     $2.10 0.74 14-Mar-16 1638 -1.36 7.4 PAK.WT 1 82.4% 0.1 $0.34 Bargain
Crocodile Gold CRK.WT     T.CRK     $2.25 0.71 24-Mar-16 1648 -1.54 4.44 CRK.WT 1 59.4% 0.16 $0.17 Fair Market Value
Adherex Technologies AHX.WT     T.AHX     $1.44 0.035 30-Mar-16 1654 -1.41 0.19 AHX.WT 18 189.6% 0.01 $0.00 Very Overvalued
West African Iron Ore Corp WAI.WT 95110P 11 9   V.WAI     $0.57 0.125 31-Mar-16 1655 -0.45 4.17 WAI.WT 1 138.1% 0.03 $0.09 Bargain
Liquid Nutrition Group LQD.WT 53632Y 11   V.LQD     $1.50 0.72 13-May-16 1697 -0.78 7.2 LQD.WT 1 94.0% 0.1 $0.44 Bargain
Titan Medical Inc TMD.WT.A 88830X 12 4   V.TMD     $2.00 1.59 21-Jun-16 1735 -0.41 2.12 TMD.WT.A 1 53.0% 0.75 $0.70 Fair Market Value
Franco-Nevada FNV.WT.A 351858 13 9 FNNVF.pk T.FNV     $75.00 42.14 16-Jun-17 2090 -32.86 5.69 FNV.WT.A 1 35.5% 7.4 $10.13 Undervalued
New Gold Inc. NGD.WT.A 644535 12 2 NGD T.NGD NGDAF.pk   $15.00 13.27 28-Jun-17 2102 -1.73 3.07 NGD.WT.A 1 59.9% 4.32 $7.57 Bargain