$200 is over the top at this point...we may get there but right now, we cannot compare ourselves to Osisko. The number I am using is $77, that was from an average value of many explore Cos and I believe this is much more realistic and will limit your downside.
For the record I do believe we have an Osisko type situation here at GNH but for a valuation model, we just cannot use their numbers yet.
Glorieux