The Fist of Death (1982) AKA El Puño de la Muerte
This one's pretty out there. The terrible english voiceover is hilarious.
It has wacky antics involving air boats, airplanes, spit wad shooting natives that communicate using drums, tons of stock footage of wild animals. A jungle girl, a star crystal, scantily clad priestesses, telepathic messages, This movie has it all!
Mexican actors pretending to be asians praying to their oracle C3PO.
Did I mention lucadors? Yeah, theres lots of those too - most notably a very polite and courteous El Santo and his trusty sidekick CLIFF!
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Nif Kuehl commented
^^You forgot giant breasts, siblings of different species (asking if they approve of fiancés), comic relief that you hate, a bizarre hairy man who is never explained and is perhaps a hot woman, DANCING, and an amazing sequel that may be even better. Seriously, where is the midnight viewing of this film? Like The Room and spoons, folks could bring random decor from tj max to throw at the screen. This unknown gem is one of the best of all time -- by a ridiculously high bar.
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Starkadder commented
I dunno. That one's pretty rough, even by Mexican Wrestler standards. It's also a little hard to watch since Santo died a few years later.