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SPROTT ASSET MANAGEMENT LP
> BQI
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2011 | Oilsands Quest Inc | BQI | 10,352,861 | -601,900 | 2,174,000 | -1,332,000 | $0.21 |
| 06/30/2011 | Oilsands Quest Inc | BQI | 10,954,761 | -605,800 | 3,506,000 | -3,545,000 | $0.32 |
| 06/30/2010 | Oilsands Quest Inc | BQI | 11,560,561 | 0 | 7,051,000 | -1,490,000 | $0.61 |
| 03/31/2010 | Oilsands Quest Inc | BQI | 11,560,561 | -117,900 | 8,541,000 | -4,897,000 | $0.74 |
| 12/31/2009 | Oilsands Quest Inc | BQI | 11,678,461 | 0 | 13,438,000 | 252,000 | $1.15 |
| 09/30/2009 | Oilsands Quest Inc | BQI | 11,678,461 | -500,000 | 13,186,000 | 1,497,000 | $1.13 |
| 07/31/2009 | Oilsands Quest Inc | BQI | 12,178,461 | 9,954,761 | 10,351,692 | 8,750,692 | $0.85 |
| 06/30/2009 | Oilsands Quest Inc | BQI | 12,178,461 | 9,954,761 | 11,689,000 | 10,088,000 | $0.96 |
| 03/31/2009 | Oilsands Quest Inc | BQI | 2,223,700 | 723,700 | 1,601,000 | -2,884,000 | $0.72 |
| 09/30/2008 | Oilsands Quest Inc | BQI | 1,500,000 | 1,500,000 | 4,485,000 | 4,485,000 | $2.99 |
| 06/30/2008 | Oilsands Quest Inc | BQI | 600,000 | 600,000 | 3,899,000 | 3,899,000 | $6.50 |
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