RE:ARGONAUT has shut down productionMexico asked AR to shut down mining operations until April 30th. AR is still producing gold from previously mined material, so they will still have sales in April with very little expense.
They will need to rebuild ore inventory past April, but that can be a gradual process.
"temporary suspend operations until April 30 due to the COVID-19 virus. Argonaut will work towards an orderly suspension of mining, crushing and stacking activities. Given that Argonaut operates heap leach mines, the Company expects metal production and metal sales will continue during the temporary suspension of mining activities."
Gold at record prices and cost of energy cut in half...existing Alio & Argonaut production plus the ability to go full speed on Ana Paula without dilution...winning combo!