Sierra Madre Gold and Silver is exploring and wants the former producing La Guitarra silver-gold mining complex in Mexico. Progress at La Guitarra since acquiring the mine from First Majestic Silver in March 2023 has been very good. Work is underway on a new NI 43-101 compliant resource estimate while historical cost data is being evaluated that will be incorporated into a Mine Restart Study. Sierra Madre Gold & Silver appears to be worth buying at today's low price level as the preliminary work is going well and we see the stock as significantly undervalued.
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