Good post.

I agree they are undervalued, and have potential, but they are not progressing as quickly as I hoped. They have successfully increased reserves, but production is not increasing as fast as they originally projected, and their cost of produc tion is high. Still they are cheap.

I like First Majestic better. Positive cash flow, higher reserves, and production to hit 5.3 million ounce equivalents with costs per ounce lower than GPR. It is more expensive.