RE:4,8million short pos.i got it
"...the Company issued 4,607,180 common shares in the capital of the Company ("Shares") at a deemed price per Share of $0.277914 to VN on December 30, 2021 in satisfaction of the Company's obligation to issue US$1,000,000 in Shares to VN by no later than December 31, 2021".
https://www.stockwatch.com/News/Item/Z-C!ELEF-3190830/C/ELEF
4,8million short positions are being covered by recently reliesed shares to Victory Nickel
yet 4 more days to digest them