The big question is ...WHEN?As I see it, this company will live or die on the strength of its Tres Marias project. This project shows very good potential, however, War Eagle still has a lot of work to do before it can begin to realize revenue from this property.
Corporate literature contains little information regarding target dates... just vague comments about completing their current exploration & development program sometime in 2008. One thing is for sure, expect further dilution, as they will need to generate funds for processing facilities at Tres Marias.
For the forseeable future, WAR is dead money. But I will keep a very small portion of my portfolio invested in the stock in an attempt to be in on the ground floor when this promising project finally takes off. Let's hope that Zinc prices have recovered by the time they start mining.