In all honesty, I think you need to work out your MC for DKO on a diluted bases as options are in the money. Plus, also factor in the ridiculous amount of shares management are issuing themselves....... therefore, I see MC at around 5c.
That being said, although I despise DKO management for not acting in the best interest of shareholders, if this thing gets back down to the mid 5's I will be absolutely loading up. The value here is just to overwhelming.
P.S. nothing is ever a formality unless its tucked away in the bank. PLS no longer have MIN pressuring them so perhaps this alters their desire for DKO's tenements.
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