This is really hard to say as it depends on sentiment towards West African goldies which has been down in the dumps for a while. Considering that TIE IPOed at 20c with only a 760k oz resource we should be way above this at this point considering the current gold price, the likely amount of ozs added, and the size of the resource yet to be drilled.
I do think we are still far closer to the bottom price than the top.
TIE Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held