Go to www.tmx.com and enter KMN in the 'get quote' box. You will...

Go to www.tmx.com and enter KMN in the 'get quote' box.

You will then proceed to the KMN quote page in its newly listed TSX guise. There you will find a news item listing short positions - roughly 4 million have been shorted as of 30/9/2010.

1. Notice also that the sell side here is roughly 4 million and
2. The weakness you refer to occurred around the placing of the short position, and
3. A ASX or TSX share is good for delivery - it matters not except for the exchange rate arbitrage

The timing is, as always, interesting as it represents a curt "hello, welcome to the TSX - we're now shorting you!" Same old, same old and par for the course for anything gold and gold related... just hold and wait.

When a re-rating comes it will be swift.

Trading into or out of a 'short attack' provides the liquidity and/or title to shares that the shorters need as they never owned the shares in the first place.