I agree with your CVR assessment. I own some of their shares.
CVR is perfect example of a undervalued gold producer. I can't wait to the market gets hold of its potential value.
I like the region they operate in (as opposed to a producer in Africa), as I believe Kazakhstan to be a politically strong region, and a region on the rise to foreign investment.
I mean politically strong as the current president has a strangle hold on power, and if the company plays by the local rules, they can be hansomly rewarded, similar to some foreign companies which invested into Russia many years ago.
