That number can be confirmed here, along with any other Canadian listed stock on the TSX or TSXV:
http://www.iiroc.ca/industry/marketmonitoringanalysis/Pages/consolidated-short-position-report.aspx
With over 270 million shares outstanding we're talking about somewhere around 5% short interest. That's far from being huge, but its not insignificant either.
Short sellers have earned my respect, the risks that bears take on are much greater than that of longs, and as such imo it does not pay to bury one's head in bullish sand and ignore it.
If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.
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