RE: Toot my own hornCGA is definitely cheap in here but certainly not the cheapest mid producer in the world. They've got over 100,000 ounces hedged at less than $850 / oz for next year which will impact their cash flow considerably with $700 cash costs after taxes. In addition they're not in a superior mining friendly jurisdiction which can explain the apparent discount to other mid cap producers. CGA is a great company with a nice production profile but until they complete their expansion to 300,000 ozs / yr and burn through the 100,000 ozs hedged at < $850 / oz, I don't see a significant re-valuation coming yet. If you think CGA is cheap look at GBG in here. They have 28 M ozs of gold compared to CGA's 10 M ozs. Their grades are 5 + g/t au in Africa and 30 + g/t au in Nevada (both better mining jurisdictions) and are also slated to be a 200k oz producer for next year but with no hedging. Both have the same market cap. I like CGA but you need to shop around a little if you've determined this is 'the cheapest in the world'.