The StreetAs expected the market reaction to the financial release is muted. The street is giving very little notice and confidence in the results. The things will change once the pattern emerges that TMM is consistently beating expectations.
The lack of confidence in the previous management is very telling. With management changes comes new directions and potential for new rewards. As a junior producer there aren't many peers that is more undervalued than us. This is the best time and opportunity to get in while there is time before the street wakes up to the potential. If you compare us to Torex before they went into production, the similarities are striking. Very little confidence until Torex started to produce consistent result and look at them now. We have very similar resources and better AISC. By this time next year, we will have a very different valuations.
I say "Get in while there is time".