Flop huge draw but OOP NL5

[Jailblazers]

Poker Stars, $0.02/$0.05 NL Hold'em Cash Game, 5 Players
LeggoPoker Hand History Converter

Hero (BB): $31.87
UTG: $6.42
CO: $1.15
BTN: $2.08
SB: $20.25

Pre-Flop: T[img]/images/graemlins/spade.gif[/img] 9[img]/images/graemlins/spade.gif[/img] dealt to Hero (BB)
UTG calls $0.05, <font color="red">CO raises to $0.15</font>, 2 folds, Hero calls $0.10, UTG calls $0.10

Flop: ($0.47) 2[img]/images/graemlins/spade.gif[/img] J[img]/images/graemlins/spade.gif[/img] 8[img]/images/graemlins/club.gif[/img] (3 Players)
Hero ?

CO is basically a short-stacker who limps a lot and doesn't really raise much preflop, but I don't really think we can narrow his range that well because he is somewhat of a donkey.

Anyway, do you guys lead out here or check? Why?

I think we should lead out here because:
1. We have a huge draw and want to build the pot on the flop when we have a lot of equity.
2. Fold equity.
3. Easier to get villains to stack off to us when we hit our draw.

Do you agree?