Green Bay Copper is for all intents and purposes is still an active mine albeit with its most recent owner hamstrung for cash for drilling for more ounces of copper.
Pickle Crow is a long way from producing gold and positive cashflow.
In the current market cash is king and it seems the Auteco Board, including Parsons, sees a better cash path forward by taking Green Bay Copper out of VA, raise some equity and then drill like hell.
Ann: Acquisition of Green Bay Copper-Gold Project, page-68
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