"Would it be naive of me to think that DT is thinking along...

"Would it be naive of me to think that DT is thinking along these lines? Acquire a well developed coking coal asset and ensure the options have some value come 14 months time?

Granted there will be dilution, but there is close to $40M cash on the line here if they pull it off; plenty of reason for the board and management to make 2012 a year to remember!"

Post your holding and your portfolio (of ccc)only 5h

The old saying comes to mind 5h money taks and b/s walks.

And in answer to your question yes it be "naive"