ValuationThe rough per share value of gold based on what's been estimated at TC so far:
TUO - 27M oz X $50 oz / 45M shares out X .2 = $6.00 share
TUD - 27M oz X $50 oz / 173M shares out X .6 = $4.68 share
AMK - 27M oz X $50 oz / 379M shares out X .2 = $.71 share
Whether or not the value of gold in the ground changes and if at the same time the share count remains relatively constant the ratio of share value between the partners should remain about the same. This reflects only what has been discovered at TC so far and doesn't take into account what assets the partners have outside of TC. These assets present a very material consideration that needs to be considered when attempting a fair comparison. Personally I feel we're grossly undervalued, but I'm only one investor. Feel free to dispute my calculations and/or thoughts, makes for a good discussion.
............. BB