Canadian Stock Warrant Values 2008

Company Name	Symbol	Shares O/S	Last	Market Cap	52wk	52wk	EPS	P/E	Beta	Primary	Country
			price		high	low
Goldcorp	G.TO	712,479,052	22.54	16,059,277,832.08	52.48	17.77	0.85	25.76		Gold	North and South America
Kinross	K.TO	615,115,214	12.55	7,719,695,935.70	27.16	8.96	0.66	17.19		Gold	Canada, US, S. America, Russia
Yamana Gold	YRI.TO	654,089,968	5.75	3,761,017,316.00	19.79	4.29	0.38	13.7	0.95	Gold Copper	Brazil, Chile, USA
Franco-Nevada	FNV.TO	100,300,000	17.27	1,732,181,000.00	24.96	11.62	-0.34			Resources	Investment
Petro Rubiales Energy	PRE.TO	209,048,982	4.5	940,720,419.00	13.65	3.27	0.09	44.79	0.22	Oil & Gas	Argentina, Columbia
Silver Wheaton	SLW.TO	223,801,664	4.2	939,966,988.80	5.08	3.82	0.48	9.47	1.08	Silver	Mexico, Peru, Sweden, Greece
Thompson Creek Metals	TCM.TO	125,045,072	7.15	894,072,264.80	25.58	5.98	1.5	4.41	-0.07	Moly Producer	Canada, USA
Hudbay	HBM.TO	63,714,903	5.44	346,609,072.32	27.61	4.01	1.17	4.17		Nickel, Zinc and Copper	North and Central America
Quadra Mining	QUA.TO	65,956,858	5	329,784,290.00	27	3.75	4.33	1.1	1.26	Copper Gold	USA, Greenland, Chile
Ivanhoe Energy	IE.TO	246,494,046	1.28	315,512,378.88	4.04	1.08	-0.29			Oil & Gas	US, China
Katanga Mining	KAT.TO	206,296,463	1.49	307,381,729.87	18.9	1.25	-0.63		3.06	Copper Cobalt	Africa
Osisko Exploration	OSK.TO	161,897,193	1.87	302,747,750.91	7.24	1.4	-0.03		1.34	Gold	Canada, Brazil
Western Canada Coal	WTN.TO	166,684,581	1.8	300,032,245.80	10.99	0.47	-0.62		2.21	Coal	Western Canada
New Gold Inc.	NGD.TO	211,876,007	1.4	296,626,409.80	2.1	1.1	-1.86			Copper Gold	British Columbia
Denison Mines	DML.TO	190,017,535	1.53	290,726,828.55	13.65	1.31	-0.09			Uranium	Canada, USA, Australia, Africa
Great Basin	GBG.TO	213,836,282	1.21	258,741,901.22	3.83	0.91	-0.41			Gold	South Africa, Nevada
Eastern Platinum Limited	ELR.TO	680,166,595	0.36	244,859,974.20	4.18	0.31	0.03	11.99	1.19	Platinum	South Africa
Bankers Petroleum	BNK.TO	188,607,585	1.18	222,556,950.30	22.4	0.98	-0.01		2.77	Oil & Gas	Canada, US
Mercator Minerals Ltd	ML.TO	74,802,667	2.41	180,274,427.47	12.94	1.66	-0.26		2.24	Copper Moly Silver	Arizona, USA
Coxe Commodity Strategy Fund	COX-UN.TO	28,750,000	6.24	179,400,000.00	10.39	4				Commodities	Fund
Tembec	TMB.TO	100,000,000	1.66	166,000,000.00	5.5	1.13	-7.82			Forest Products	North America, France
Mega Uranium	MGA.TO	187,256,732	0.85	159,168,222.20	5.72	0.81	-0.26		3.15	Uranium	Canada, Cameroon, Mongolia, S America
North American Palladium Ltd.	PDL.TO	82,837,258	1.88	155,734,045.04	1.52	1.21	-0.16			Palladium	Canada
Dundee Precious Metals	DPM.TO	61,984,538	2.4	148,762,891.20	10	2.45	-0.4		1.14	Precious Metals	Fund
Rusoro Mining	RML.V	395,729,173	0.36	142,462,502.28	2.55	0.255	-0.29		1.35	Gold	Venezuela
Ainsworth Lumber	ANS.TO	90,488,069	1.5	135,732,103.50	6.6	0.85	-23.5		2.41	Forest Products	Canada
Pinetree Capital	PNP.TO	131,313,988	0.98	128,687,708.24	7.35	0.62	-1.4		4.11	Merchant Banking - SmallCap Resources	Financing
Coalcorp Mining	CCJ.TO	173,007,049	0.72	124,565,075.28	3.38	0.72	-0.43		-0.41	Coal	Columbia
Endeavour Mining Cap	EDV.TO	33,855,208	3.4	115,107,707.20	9.98	3.15	2.28	1.45	0.82	Mining Financing	Financing
First Majestic Silver Corp	FR.TO	73,782,410	1.49	109,935,790.90	5.75	0.92	-0.04		1.61	Silver	Mexico
Chesapeake Gold	CKG.V	29,129,197	3.31	96,417,642.07	8.25	1.89	-0.09		0.71	Gold	Mexico, Nicaragua
Challenger Energy Corp	CHQ.V	42,947,547	2.15	92,337,226.05	6.64	1.45				Oil and Gas	Trinidad
Urbana	URB-A.TO	68,336,582	1.26	86,104,093.32	5.75	1.2	-0.29		1.6	Investing in Exchanges	Holding Company
Geovic Mining Corp	GMC.TO	102,902,686	0.75	77,177,014.50	3.38	0.52	-0.17		1.04	Cobalt, Nickel, Manganese	Cameroon, Africa
DPF India Opportunities Fund	DPF-UN.TO	24,703,000	3.01	74,356,030.00	10.49	2.51				India	Fund
Connor Clark & Lunn Global Financials Fund II	GFT-UN.TO	15,338,882	4.6	70,558,857.20	9.19	2.75	-0.09			Global Financial Services Sector	Fund
Etruscan Resources	EET.TO	121,523,163	0.57	69,268,202.91	2.79	0.3	-0.3		0.96	Gold & Diamonds	Africa
U S Gold	UXG.TO	75,624,281	0.88	66,549,367.28	0.9	0.5				Gold	USA
Star Hedge Managers Corp	XHM-A.TO	7,500,000	8.5	63,750,000.00	8.5	8.5				Fund	Fund
Front Street Resource Perf. Fund	FRE.TO	16,085,779	3.89	62,573,680.31	9.45	2.56				Mixed Fund	Fund
Distinction Group	GD.TO	30,425,970	2	60,851,940.00	4.1	1.49	0.15	13.93		Janitorial, Maintenance, Restoration	Canada
Baffinland Iron Mns Corp	BIM.TO	147,999,553	0.39	57,719,825.67	4.9	0.45	-0.86		3.8	Iron Ore	Canada
Banro Corp	BAA	51,482,938	1.1	56,631,231.80	12.85	0.82	-0.1			Gold	Republic of the Congo
Labrador Iron Mines	LIR.TO	35,473,001	1.58	56,047,341.58	5.95	1.35	-0.02			Iron Ore	Canada
M D N Inc	MDN.TO	90,108,288	0.6	54,064,972.80	1.39	0.53	0.04	13.75	0.42	Gold Base Metals	Canada, Africa
Sprott Molybdenum Part. Corp.	MLY.TO	44,488,312	1.19	52,941,091.28	5.53	0.97	0.24	4.58		Moly Fund	Fund
Baja Mining Corp	BAJ.TO	143,064,337	0.32	45,780,587.84	2.3	0.35	-0.02		2.21	Copper, Cobalt, Zinc, Manganese	Mexico
Breakwater Resources	BWR.TO	446,507,504	0.1	44,650,750.40	2.93	0.085	-0.07			Zinc Other	Canada, Chile, Honduras
Ceres Global Ag Corp	CRP.TO	12,893,580	3.32	42,806,685.60	12.09	2.7				Global Agriculture	Fund
O'Leary Global Equity Income	OGE-UN.TO	3,660,000	11.55	42,273,000.00	14.17	10.52				Global	Fund
Bear Creek Mining	BCM.V	55,457,023	0.73	40,483,626.79	9.37	0.68	-0.46		3.68	Silver	Peru
Uranium Focused	UF-UN.TO	18,834,136	2.14	40,305,051.04	8.45	1.61				Uranium	Uranium Fund
Claude Resources	CRJ.TO	97,112,030	0.38	36,902,571.40	1.65	0.265	-0.04			Gold	Canada
Orsu Metals	OSU.TO	456,709,227	0.08	36,536,738.16	1.78	0.08	-0.49		0.95	Gold Copper	Kazakhstan
High River Gold Mines	HRG.TO	307,905,158	0.11	33,869,567.38	3.5	0.08	-0.07		0.71	Gold Silver	Russia, West Africa
Bioniche Life Sciences Inc	BNC.TO	66,030,782	0.5	33,015,391.00	1.35	0.31	-0.26		1.6	Research & Therapeutics	Canada, USA, Australia
Copernican British Banks Fund	CBB-UN.TO	22,000,000	1.5	33,000,000.00	9.1	1.21				Mixed Fund	Fund
Dioro Exploration	DIO.TO	91,580,410	0.36	32,968,947.60	1.75	0.35				Gold Production	Australia
Colossus Minerals	CSI.TO	42,279,388	0.76	32,132,334.88	4	0.7	-0.07			Gold, Platinum, Palladium	Brazil
Sentry Select Primary Metals	PME.TO	17,167,000	1.85	31,758,950.00	8.45	1.56				Mixed Fund	Fund
Fortune Minerals	FT.TO	51,200,107	0.62	31,744,066.34	2.6	0.4	0.04	12.39	2.73	Cobalt, Gold, Coal, Bismuth, Copper, Silver	Canada
Creston Moly	CMS.V	121,018,147	0.24	29,044,355.28	0.58	0.19	-0.03		0.02	Moly	Mexico
Trident Performance Corp	TCP.TO	3,176,344	9	28,587,096.00	11	7.09				Global Macroeconomic Trends	Fund
Phoenix Coal Inc.	PHC.TO	150,008,268	0.19	28,501,570.92	2.19	0.155	-0.06			Coal	Kentucky
Stornoway Diamonds	SWY.TO	227,226,346	0.12	27,267,161.52	0.9	0.1	-0.06		1.87	Diamonds	Canada, Botswana
Metanor Resources	MTO.V	73,419,693	0.35	25,696,892.55	1.2	0.26	-0.06		0.3	Gold	Canada
Terrane Metals	TRX.V	113,198,500	0.22	24,903,670.00	0.62	0.1	0	26.74	23.19	Gold Copper Moly Silver	Canada
Oilsands Canada Corp	OCF.TO	4,546,100	5.33	24,230,713.00	9	3.26				Oilsands	Canada
Redcorp Ventures	RDV.TO	398,356,171	0.06	23,901,370.26	0.33	0.05	-0.1		2.55	Zinc Copper Lead Gold Silver	Canada, Portugal
Copernican Int'l Premium Dividend Fund	CPM-UN.TO	6,985,000	3	20,955,000.00	8.84	2.35				Global Dividend Paying Companies	Fund
Focused Global Trends Fund	FTF-UN.TO	4,729,632	4.4	20,810,380.80	9.29	3.5				Global Trends	Fund
Erdene Gold	ERD.TO	89,230,877	0.23	20,523,101.71	25.89	15	0.41	44.1	0.47	Copper, Gold, Coal, Uranium	Mongolia
RailPower	P.TO	91,475,624	0.22	20,124,637.28	0.95	0.16	-0.42		0.69	Green Technology Power Generation	Canada, USA
Golden Predator	GP.TO	111,741,979	0.18	20,113,556.22	2.74	0.15	-0.25			Gold, Tungsten	USA, Canada
Stone Agribusiness	HAY-UN.TO	4,312,111	4.5	19,404,499.50	9.5	4.05				Agriculture	Fund
Mines Management	MGT.TO	22,746,220	0.84	19,106,824.80	4.75	1.03	-0.29			Silver Copper	Montana, USA
Melco China Resorts (Holding) Ltd.	MCG.V	87,439,344	0.21	18,362,262.24	3.6	0.35	-31		3.82	Resorts	China
Stingray Resources	SRY.TO	58,725,982	0.29	17,030,534.78	1.19	0.15	-0.01			Copper	Mexico
C M P Gold Trust	CMP-UN.TO	4,445,500	3.8	16,892,900.00	9.25	4.01				Gold Trust	Fund
Sentry Select Global Real Estate	GRE-UN.TO	3,146,400	5.2	16,361,280.00	10.1	4				Real Estate	Fund
Aberdeen International Inc	AAB.TO	101,709,073	0.16	16,273,451.68	0.71	0.15	0.16	0.92	0.8	Merchant Banking	Financing
Davie Yards	DAV.TO	124,646,200	0.13	16,204,006.00	3.25	0.065	-0.73			Offshore ships	Canada
I M A Exploration	IMR.V	52,132,064	0.31	16,160,939.84	0.6	0.27	-0.01			Looking to acquire or jv Gold/Silver	Goal is South America
Global Agribusiness Trust	AGB-UN.TO	4,000,000	4	16,000,000.00	10	3.52				Agriculture	Fund
Copper Mountain	CUM.V	22,061,194	0.72	15,884,059.68	2.66	0.4	0.01	35.84		Copper, Gold, Silver	British Columbia
TSO3 Inc	TOS.TO	47,863,402	0.32	15,316,288.64	2.99	0.255	-0.19		1.96	Sterilization	Canada, USA
Global Uranium	GUR.TO	9,804,400	1.44	14,118,336.00	8.33	1.16				Uranium Fund	Fund
Metallic Ventures Gold	MVG.TO	51,991,495	0.27	14,037,703.65	2.68	0.215	0.02	11.07	1.79	Gold Silver	Nevada, USA
Olympus Pacific Minerals Inc	OYM.TO	232,392,881	0.06	13,943,572.86	0.59	0.04