"NAK took advantage of Briscoe". I don't know, that 5 milly loan may be why we are alive to fight today. And it got 'paid off' how? - by giving up essentially worthless claims? Can't recall all the details . . . .  Past resistance appears to be (or should be) the new support. . . . .

Regardless of any of the above - something may have changed, and it seems to me to be more than a pump.  A pump would, IMO, be for later, and higher prices.