Why indeed? It is pretty simple really.... like 1 + 2 = BINGO
1). Right now the vulture capital lenders cannot recover their invested dollars; barely recovering any decent interest and looking at leaving a lot of dead money if the company stops trading entirely. Every time there is even a small breather in conversions the stock rises even on the very little retail still active... however, retail cannot sustain a charge because longs are near the 5% level where they would need to report intentions, and typically the small retail buyers don't want to report anything.
2). Consider if collectively a loan of $350,000 (+/-) were granted to NBRI and in that process also the conversions were stopped for perhaps 9 months. Now, NBRI would be in the position to again report PR with progress; perhaps even show more gold and successful riser to new channel entrance; and, retail would be more motivated to buy at higher prices. It would not be hard to believe the pps would rise to about 5 cents or more and maybe even substantial PR would be justified based on real progress. So, eventually the recovery helps the vulture capitalists and the fact they are converting at higher pps value helps the growth in shares to help to relieve the near 5% limit on longs; so longs return to price support and buying as well.
1 + 2 = BINGO
It has happened exactly like that before for other stocks needing a breather from conversion spirals. I'll leave the DD on that for others for awhile.
What is glaringly obvious IMO is that NBRI must have more money or the vultures lose. The Ruby will default to the original owner because they have the first lien and nobody can work around that one without more money; far more than the little amount that is needed by NBRI.
"You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time."
Abraham Lincoln
