In this interview with Ellis Martin, David Morgan discusses the temporary suspension of operations of a silver producer based on the cost of production being at par or higher with the price of silver per ounce. With many producers geared up for $30 an ounce silver, $19 remains a challenge for some. However, companies with lower production costs and near producers running a tight budget are seeing light….even as majors like Barrick Gold are pulling back.
Morgan’s thoughts on mining company shut-downs with sub $20 silver and $1200 gold are below:

http://www.silverdoctors.com/david-morgan-on-production-slowdowns-in-mining-gold-silver/