"With gold and silver prices driven down, Golden Minerals suspends production... to conserve the asset" - www.gata.org/node/12707
This is exactly what AYN should also do.... ie shareholders take up rights, then AYN pays off debts, then suspends production until silver takes off. There is no point in producing at a loss and going back into debt, even if directors and other staff forgo pay during this dormant period.