I am always amazing with the markets focus on the spot gold price when valuing explorers. Do people know what the gold price is going to be in a few years time which is the earliest that TIE might be producing. Anyway I think you are right - no matter what TIE find over the next 6 to 9 months the SP is going to be driven by the gold price.
TIE Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held