mate, no one has disappeared from these forums. It's just that...

mate, no one has disappeared from these forums. It's just that the TSO forums are now such a cesspool of junk and crap due to people like you.

"It appears to me, that whether or not TSO has prospects and resources to carry it through to the current valuation (recognising that there is not yet any defined resource)"

What a load of crap, the market is forward looking you attach a valuation on the resource in the ground based on drill-results and what the eventual economic prospect of the project will be. You would value this project based on either comparables by similar companies (EV/Ounces) or you would discount future cash flows based on expected mine life, annual production, AISC and expected gold price.