union trouble this summer with a 42 day work stoppage. Neumeyer has 2.5 mil oz of silver production at La Encantada this year but the AISC is $16 on the high end.
AG is my biggest silver position. Mexico is going to be a big problem and its probably why McEwen and GORO chose to spend more money in Nevada and Canada than down south. If silver ever does hit $50 it will probably impossible to deal with the Mexican unions.