Business Description: Unico Inc. (www.unicomining.com) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine.
Primary State of Incorporation: Arizona
Country of Incorporation: USA
Officers: Ray C. Brown, Chairman; Mark A. Lopez, CEO; Wayne M. Ash, President; C. Wayne Hartle, Secretary
Edgar Filing Status: Current EDGAR Filer
CIK: 0001110737
Outstanding Shares: 747,889,608 as of 2007-01-11
Estimated Market Cap: Not Available Number of Shareholders of Record: 535 as of 2006-07-24
Current Capital Change: shs decreased by 1 for 100 split Ex-Date: Record Date: Pay Date: 2006-08-11
Dividends:
Company Notes: Formerly=I.I., Inc. to 12-79
Transfer Agent: Stalt, Inc., Menlo Park, CA 94025
UCOI -- Unico, Inc. Com ($0.001)(New) COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Unico, Inc. Announces $1.7 Million Financing Commitment to Exercise Purchase Option on the Deer Trail Mine
$800,000 of Commitment Received by the Company
SAN DIEGO, CA, May 21, 2007 (MARKET WIRE via COMTEX) -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that the company has received a financing commitment for $1.7 million for the purpose of exercising the lease buy-out option on the Deer Trail Mine. The company has currently received $800,000 of this financing commitment in the form of a private placement investment. The terms of the modified lease and option to purchase agreement for the Deer Trail Mine with Crown Mines, LLC, agreed to in April 2007, included an extension of the final payment due date for the remaining $1.7 million to purchase the Deer Trail Mine lease from January 31, 2007 to May 31, 2007.
"Securing the Deer Trail Mine as a long-term asset for both the company and its shareholders has been a high priority for the company, and we are pleased to have received a commitment for the entire remaining amount owed on the purchase option of the lease in advance of the due date," said Mark A. Lopez, chief executive officer of Unico, Inc.
"As our shareholders are well aware, the Deer Trail Mine has been a focal point for developing revenues and long-term value through the company's subsidiary operations. These efforts have included the reconstruction of the mill and processing facility at the Deer Trail Mine and exploratory drilling programs, particularly the underground diamond core drilling program conducted at the Deer Trail Mine in 2005. With activities of such significance centered around the Deer Trail Mine, meeting the terms of the modified lease and option to purchase agreement with Crown Mines has been an important focus, and we look forward to making the final payment by May 31st," Mr. Lopez added.
The reconstruction of the mill and processing facility at the Deer Trail Mine, which includes significant improvements designed to increase both the efficiency and capacity of the facility, is currently in the completion stage, and construction is underway on a new electrical substation that will supply power to the Deer Trail Mine, both for processing operations and other planned mining activities at the site.
Independent geological analysis of core samples taken from the underground diamond core drilling program conducted at the Deer Trail Mine in 2005 has been completed under the supervision and oversight of mining consultancy firm Behre Dolbear and Company (USA), Inc. The last group of samples were logged, split, bagged, and tagged at the Deer Trail site and have been shipped to the ALS Chemex lab in North Vancouver, British Columbia. A Final Summary Report will be completed and submitted to Unico by Behre Dolbear.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.
About Unico, Inc.
Unico, Inc. (OTCBB: UCOI) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional mining claims. For more information, please visit www.unicomining.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.
SUBJECT CODE: Manufacturing and Production:Mining and Metals
Posted by cottonjim on :
MikeI?????? where are you MikeI LMAO
Posted by BooDog on :
I'm here! just got in yest. lookin purdy good. lets see what kind of rabbit they can pull outta their (nvm) for this dog to chase!
Posted by BooDog on :
VFIN says go to .0045
Posted by BooDog on :
pick this thread close the other one WAAAhahahaha
Posted by IMAKEMONEY on :
CHIT SORRY DIDNT KNOW THERE WAS ONE.BooDog Member
Member Rated: posted May 25, 2007 01:39 PM -------------------------------------------------------------------------------- pick this thread close the other one WAAAhahahaha
-------------------- we could all use a little chaaaange... every penny counts
-------------------------------------------------------------------------------- Posts: 4055 | From: Virginia | Registered: May 2006 | IP: Logged |
Posted by BooDog on :
yours is newer M8 so it can only get better from here eh? i was bored lmao.
arrrgh Lets go!
Posted by cottonjim on :
quote:Originally posted by IMAKEMONEY: CHIT SORRY DIDNT KNOW THERE WAS ONE.BooDog Member
Member Rated: posted May 25, 2007 01:39 PM -------------------------------------------------------------------------------- pick this thread close the other one WAAAhahahaha
-------------------- we could all use a little chaaaange... every penny counts
-------------------------------------------------------------------------------- Posts: 4055 | From: Virginia | Registered: May 2006 | IP: Logged |
You don't like using the quotation feature there do ya IMAKE, LOL.
Posted by IMAKEMONEY on :
PPS .0031 AND GETTING THINNER! BUST A MOVE!! Posted by IMAKEMONEY on :
quote:Originally posted by cottonjim:
quote:Originally posted by IMAKEMONEY: CHIT SORRY DIDNT KNOW THERE WAS ONE.BooDog Member
Member Rated: posted May 25, 2007 01:39 PM -------------------------------------------------------------------------------- pick this thread close the other one WAAAhahahaha
-------------------- we could all use a little chaaaange... every penny counts
-------------------------------------------------------------------------------- Posts: 4055 | From: Virginia | Registered: May 2006 | IP: Logged |
You don't like using the quotation feature there do ya IMAKE, LOL.
NEVER EVEN SAW IT,LOL
Posted by cottonjim on :
ohhhh, OK. Thought maybe it was "your thing" you know what I mean. LIKE GOING AROUND YELLING ALL THE TIME, LMAO Posted by IMAKEMONEY on :
LOL,YA BABY!!!!!!!!!!!!!!
Posted by BooDog on :
UNICO INC (AZ) (OTC BB:UCOI.OB)
Last Trade: 0.0026 Trade Time: May 29 Change: 0.00 (0.00%) Prev Close: 0.0026 Open: N/A Bid: N/A Ask: N/A 1y Target Est: N/A
Unico, Inc. Announces Master Electrical Services Agreement to Meet Power Requirements at the Deer Trail Mine Tuesday May 29, 9:23 am ET
SAN DIEGO, CA--(MARKET WIRE)--May 29, 2007 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that its wholly owned subsidiary, Deer Trail Mining Company, LLC, has entered into a Master Electrical Services and Facilities Improvements Agreement with electricity producer Rocky Mountain Power to meet all power and energy requirements at the Deer Trail Mine in Marysvale, Utah. Included in the agreement is pricing for the supply of electrical power during both on-peak and off-peak hours and a design schematic showing the details of the planned interconnection between the existing Rocky Mountain Power substation and the new electrical substation currently being constructed at the Deer Trail Mine site. Construction of the new substation is being undertaken with the assistance of Cache Valley Electrical (http://www.cve.com/), one of the largest electrical contractors in the western United States.
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Upon executing the agreement, Deer Trail Mining Company also made a payment of $24,481.50 as an advance on the improvements to the new substation. Under terms of the agreement, the improvements include the installation of fuses for proper protection coordination, a transmission interconnection to the new substation, the installation of a one-way gang operated airbreak switch for a single disconnect point for both substations, and installation of secondary metering for the new delivery point with a communication link.
Deer Trail Mining Company made a previous payment of $25,000 under its Engineering Services Agreement with Rocky Mountain Power, and this amount will be applied toward the balance due on the improvements to the new substation.
The agreement has a 10-year term following the completion date of the improvements and Rocky Mountain Power's initial delivery of electrical power to the Deer Trail Mine substation facility. A feasibility study contracted by Deer Trail Mining Company and conducted by Rocky Mountain Power, determined that up to 2.5 megawatts of power could be supplied to the Deer Trail Mine through the new substation. An estimated 1.5 megawatts is needed to run the mill and processing facility at the Deer Trail Mine, and the excess power capacity would allow for future upgrades to the system to include power for mining at the Deer Trail property or other Unico claims in the area.
"This agreement for master electrical services and facilities improvements is a significant step in the completion phase of the connections necessary to power the mill and processing facility, and we are pleased to have signed this contract with Rocky Mountain Power," said Mark A. Lopez, chief executive officer of Unico, Inc. "One of the primary reasons for the construction of a new electrical substation at the Deer Trail Mine was that the company would incur significantly reduced power costs as a result, and the pricing schedule for electricity included in this agreement certainly justifies our efforts to build the new substation.
"We look forward to the completion of the substation and the interconnections required for the operation of the mill and processing facility at the Deer Trail Mine," added Mr. Lopez.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.
Posted by BooDog on :
UNICO INC (AZ) (OTC BB:UCOI.OB)
Last Trade: 0.0024 Trade Time: 3:59PM ET Change: 0.0002 (7.69%) Prev Close: 0.0026 Open: 0.0028 Bid: 0.0023 x 5000 Ask: 0.0024 x 5000 1y Target Est: N/A
Unico, Inc. Announces Purchase and Delivery of Equipment for the Deer Trail Mine Friday June 1, 9:10 am ET
SAN DIEGO, CA--(MARKET WIRE)--Jun 1, 2007 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced the purchase and delivery of several pieces of equipment for use at the Deer Trail Mine in Marysvale, Utah. Photographs of the recently purchased equipment, including the delivery of two of the pieces, have been added to a new photo gallery on the company's website, www.unicomining.com. The gallery can be found by visiting the "Multimedia" section of the Unico website at www.unicomining.com./news/othermedia.php. A 1997 tandem axle semi tractor built by Western Star (http://www.westernstartrucks.com/) was purchased by the company, and it is expected to be delivered to the Deer Trail Mine in the coming days. The tractor has a Caterpillar 455 horsepower motor and double incased frame rails. The truck is built for heavy hauling, both off highway and on. It will be used for moving equipment from one location to another as needed. The company intends to acquire a 25-ton side dump trailer to move material from the upper mine dumps to the screening plant and from the screening plant to the mill and processing facility at the Deer Trail Mine.
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The company also purchased a Toyota 4,300 pound forklift with a three-stage mast capable of reaching 17 feet. The forklift, which has been delivered and is in use to assist with the reconstruction work at the Deer Trail Mine site, will also be used inside the mill to move the floatation concentrate and other materials needed to operate the mill.
A Ferree LT35 equipment trailer was purchased and delivered to the Deer Trail Mine. This trailer will be used to transport the Cat Loader, Case Excavator and Cat D-7 dozer to and from the mine and mill sites at the Deer Trail Mine.
The new photo gallery includes pictures of the Western Star semi tractor, the delivery of the Toyota forklift and the Ferree trailer, the forklift and trailer on site at the Deer Trail Mine, and the forklift in use at the mill and processing facility.
"With the expanding operations at the Deer Trail Mine, including the continued reconstruction of the mill and processing facility, ongoing screening operations and the movement of material to and from different areas at the site, the purchase of this equipment is another important development for the Deer Trail Mining Company, our wholly owned subsidiary," commented Mark A. Lopez, chief executive officer of Unico, Inc. "We hope that Unico shareholders will review the new pictures that we have posted to our website and will continue to follow the progress of the company as it works to develop revenues and long-term value from operations at the Deer Trail Mine."
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.
About Unico, Inc.
Unico, Inc. (OTC BB:UCOI.OB - News) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional mining claims. For more information, please visit www.unicomining.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.
Contact: Contacts: Gemini Financial Communications, Inc. A. Beyer 951-587-8072 Email Contact
-------------------------------------------------------------------------------- Source: Unico, Inc.
Posted by BooDog on :
I feel pretty good about my .0018 knowmoney. Been chasing a couple E hunters. Nice pick up once they come back. I very much doubt UCOI will fail to file. A lot going on imo.
NT 10-K 1 ucoi12b252282007.htm NOTIFICATION OF INABILITY TO TIMELY FILE FORM 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, OR 10-KT 405 SEC FILE NUMBER: 000-30239
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 12b-25 NOTIFICATION OF LATE FILING
(Check One): [ X ] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 20-F [ ] Form 10-Q and Form 10-QSB
imo this will pop very soon. pressure should start building this week.
Posted by BooDog on :
Last Trade: 0.0022 Trade Time: 3:56PM ET Change: 0.0001 (4.35%) Prev Close: 0.0023 Open: 0.0023 Bid: 0.0021 x 5000 Ask: 0.0022 x 5000 1y Target Est: N/A
Unico, Inc. Issues June 2007 Investor Newsletter Monday June 4, 8:47 am ET
SAN DIEGO, CA--(MARKET WIRE)--Jun 4, 2007 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced the release of its June 2007 investor newsletter, which includes a review of the company's activities over the past month. A PDF version of the newsletter has been added to the company's website at http://www.unicomining.com./news/newsletters.php, and an email notification of the newsletter's release has been sent to subscribers to the Unico electronic mailing list.
ADVERTISEMENT
The June 2007 edition of the newsletter leads with an article on the financing commitment that Unico received for the $1.7 million due to exercise the purchase option on the Deer Trail Mine lease. The company expects to secure the Deer Trail Mine as a long-term asset for the company and as a focal point of ongoing operations.
Additional articles in the June newsletter cover progress on reconstruction work on the mill and processing facility at the Deer Trail Mine, a Master Services Agreement with Rocky Mountain Power to meet all energy requirements at the Deer Trail Mine, the purchase of new equipment for use at the Deer Trail Mine, and the choice of an electrical contractor to assist with electrical work at the site.
Several of the newsletter articles are accompanied by pictures that are also posted in photo galleries in the Multimedia section of the company's website, www.unicomining.com.
"We continue to prioritize consistent communication with Unico shareholders, and the monthly investor newsletter has become an important tool in our ongoing communication efforts," said Mark A. Lopez, chief executive officer of Unico, Inc. "The June 2007 investor newsletter reviews a series of significant events that occurred last month, not the least of which was the commitment for the balance of the $1.7 million due to purchase the Deer Trail Mine. June should be no less busy for Unico, since we expect that there will be regular updates on activities at the Deer Trail Mine. We hope that shareholders continue to enjoy the newsletter and find it to be an informative publication."
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.
About Unico, Inc.
Unico, Inc. (OTC BB:UCOI.OB - News) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional mining claims. For more information, please visit www.unicomining.com. Posted by BooDog on :
UNICO INC (AZ) (OTC BB:UCOI.OB)
Last Trade: 0.002 Trade Time: 3:54PM ET Change: 0.00 (9.09%) Prev Close: 0.002 Open: 0.002 Bid: 0.002 x 5000 Ask: 0.002 x 10000 1y Target Est: N/A
ihubs deleting my posts. what does that tell you? I'll see my .0018 and possibly lower imo. TA is gagged like a newlywed on a sat night. Auth 5 bil o/s is somewhere around 1bb to 2.5bb imo. was around 750mm just in January. fins already going to be late to stall toxic funding exposure (again imo). BUT, should be good for a couple ta bounces. lol.
Posted by BooDog on :
Unico, Inc. Announces Initiation of Process to Complete Purchase of the Deer Trail Mine Wednesday June 6, 9:22 am ET
32 Patented Mining Claims and 171 Unpatented Mining Claims Are Subject to the Purchase Agreement
SAN DIEGO, CA--(MARKET WIRE)--Jun 6, 2007 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that the process of transferring ownership of the Deer Trail Mine from Crown Mines, LLC has been initiated and the company expects to complete the purchase of the property once the necessary agreements have been executed. ADVERTISEMENT
Legal representatives from Unico, Inc. and Crown Mines, LLC are working to complete several necessary documents related to the purchase, including a purchase agreement, a bill of sale and a quitclaim deed to effect the transfer of ownership of the Deer Trail Mine property.
The mining lease and option to purchase between Unico, Inc. and Crown Mines, LLC, dated December 12, 2001, was adjusted through a first modification of mining lease and option to purchase, dated May 31, 2004, a second modification of mining lease and option to purchase, dated April 21, 2006, a third modification of mining lease and option to purchase, dated November 1, 2006, and a fourth modified lease and option to purchase agreement in April 2007, which provided for a due date of May 31, 2007 for Unico, Inc. to exercise its purchase option.
Under the agreement, Deer Trail Mining Company, LLC has the right to acquire the mining claims located in Marysvale, Utah, which consist of 32 patented mining claims and 171 unpatented mining claims, as well as mill sites, dumps and other transferable rights contained in the agreement.
The claims covered in the purchase agreement total approximately 3,275 acres, or 5.12 square miles, and include workings known as the Deer Trail Mine, the PTH Tunnel and the Carisa and Lucky Boy Mines. The PTH Tunnel penetrates more than 10,000 feet, with a developed network of tunnels, shafts, stopes, and raises at the 3,400-foot-area and at the 8,000-foot-area, and was mined by prior owners for gold and silver. The initial Deer Trail claims date back to 1870.
"We are extremely pleased to have initiated this process to consummate the purchase of the Deer Trail Mine from Crown Mines, LLC and to secure this property as a long-term asset for the company," stated Mark A. Lopez, chief executive officer of Unico, Inc. "We plan to provide an update reporting the status of the purchase and the expected transfer of ownership of the property once the paperwork is completed and the transfer of title occurs. The company is not only excited to get to this stage, but is also looking to finalize the transaction, so it can move forward with its future plans for the project. We appreciate the coordination of efforts taken from all sides to make this happen."
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.
Posted by BooDog on :
Press Release Source: Unico, Inc.
Unico, Inc. Receives Balance of the $1.7 Million Financing Commitment to Exercise the Purchase Option on the Deer Trail Mine Thursday June 14, 9:22 am ET
Company Also Files 10-KSB Annual Report for Fiscal Year 2007
SAN DIEGO, CA--(MARKET WIRE)--Jun 14, 2007 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that the company has received the balance of the $1.7 million financing commitment in the form of a private placement investment to be used for the purpose of exercising the lease buy-out option on the Deer Trail Mine in Marysvale, Utah. ADVERTISEMENT
The process of transferring ownership of the Deer Trail Mine from Crown Mines, LLC has been initiated and the company expects to make the final payment to complete the purchase of the property once the necessary agreements have been executed. Legal representatives from Unico, Inc. and Crown Mines, LLC are working to complete several necessary documents related to the purchase, including a purchase agreement, a bill of sale and a quitclaim deed to effect the transfer of ownership of the Deer Trail Mining Claims.
The mining lease and option to purchase between Unico, Inc. and Crown Mines, LLC, dated December 12, 2001, was adjusted through a first modification of mining lease and option to purchase, dated May 31, 2004, a second modification of mining lease and option to purchase, dated April 21, 2006, a third modification of mining lease and option to purchase, dated November 1, 2006, and a fourth modified lease and option to purchase agreement in April 2007, which provided for a due date of May 31, 2007 for Unico, Inc. to exercise its purchase option.
Unico's wholly owned subsidiary, Deer Trail Mining Company, LLC, is expected to acquire the mining claims, which consist of 32 patented mining claims and 171 unpatented mining claims, as well as mill sites, dumps and other transferable rights contained in the agreement.
"Unico has received the balance of the $1.7 million financing commitment to exercise the purchase option of the Deer Trail Mine, which is an important step in securing the property as a long-term asset for the company," stated Mark A. Lopez, chief executive officer of Unico, Inc. "With the process of transferring ownership of the property underway, we look forward to completing this transaction as we concurrently complete the final stages of reconstruction of the mill and processing facility at the Deer Trail Mine."
The company has also filed its Annual Report on Form 10-KSB with audited financial statements, covering the company's 2007 fiscal year, which ended February 28, 2007.
"We are very pleased to have met the company's reporting requirements with the filing of the 2007 annual report. The 2008 fiscal year is expected to be even more eventful than 2007, with the anticipated start-up of the mill and processing facility at the Deer Trail Mine and additional activates planned for the company's subsidiary mining properties," Mr. Lopez added.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.
About Unico, Inc.
Unico, Inc. (OTC BB:UCOI.OB - News) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional mining claims. For more information, please visit www.unicomining.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.
Contact: Contacts: Gemini Financial Communications, Inc. A. Beyer 951-587-8072 Email Contact
[QUOTE]Originally posted by BooDog: [QB] UNICO INC (AZ) (OTC BB:UCOI.OB)
buy set .0018
Looks like you got your .0018 today! Posted by Time2drum on :
Oops, meant to be a smiley face, not making fun of you. Have to more careful next time. Posted by BooDog on :
lmao Time2drum. Actually I canxd my buy. too much down pressure. I'm thinkin from the LII's it could see .0014 many sitting at .001 but thats one heck of a support at .0015. Not that I'm being picky. I already have some (.0028) but looking for a solid bottom which could be even in the droop 0's. One more pr saying they took another picture may just turn this thing around. I could average down and flip out but i'm waiting.
Posted by BooDog on :
quote:Originally posted by BooDog: lmao Time2drum. Actually I canxd my buy. too much down pressure. I'm thinkin from the LII's it could see .0014 many sitting at .001 but thats one heck of a support at .0015. Not that I'm being picky. I already have some (.0028) but looking for a solid bottom which could be even in the droop 0's. One more pr saying they took another picture may just turn this thing around. I could average down and flip out but i'm waiting.
Press Release Source: Unico, Inc.
Unico, Inc. Announces New Photo Gallery Showing Progress of Additional Reconstruction Work at the Mill and Processing Facility at the Deer Trail Mine Friday June 15, 9:12 am ET
SAN DIEGO, CA--(MARKET WIRE)--Jun 15, 2007 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that a new photo gallery showing recent reconstruction progress at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah has been posted to the multimedia section of the company's website, http://www.unicomining.com./news/othermedia.php. Pictures in the photo gallery show the Krebs Cyclone (www.krebs.com), used for the classification of ores processed through the ball mill, which has been installed in the main mill building. The Krebs Cyclone is expected to increase efficiency of the grinding circuit. Its primary function will be to indicate whether the ore is too coarse and must be recycled back through the ball mill.
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There are also pictures of the electrical wiring to the Gallagher float cells on the upper floatation mezzanine in the main mill building. The electrical connections to the upper floatation mezzanine equipment have been completed, which includes the conditioning tanks, reagent pumps, lime slaker, air blower for the Gallagher float cells, and the Gallagher float cells. The newly installed rubber belting on the ball mill conveyors is shown in one of the photographs.
Photographs show the installation of the last remaining tank purchased from Questar Gas, the local natural gas provider. Work on the support legs for the thickener bridge is also shown as the company prepares for installation of the bridge above the thickener tank.
Steel ramps leading down into the new mill building from the end of a newly constructed concrete ramp leading in from the outside of the building are also shown in the pictures.
There is a photograph of the upper water holding pond, which has undergone major repairs. The upper water holding pond will carry the process water into the new mill building.
The 1997 Western Star tandem axle semi tractor recently purchased by the company to move equipment from one location at the Deer Trail Mine site to another is shown in the gallery. The movement of equipment to and from the screening plant area is expected to be an immediate focus for the new tractor truck, which was purchased to reduce wear and tear and prolong the working life of the heavier equipment.
Installed and wired lighting in both main mill buildings is also shown in the gallery.
"We are pleased to add another photo gallery to our website, so shareholders can see the tangible progress being made on the mill and processing facility at the Deer Trail Mine," stated Mark A. Lopez, chief executive officer of Unico, Inc. "As the company completes the final steps required to finish the reconstruction work and begin processing operations at the facility, we will take every opportunity to add more media to our website showing progress."
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.
About Unico, Inc.
Unico, Inc. (OTC BB:UCOI.OB - News) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional mining claims. For more information, please visit www.unicomining.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.
Contact: Contacts: Gemini Financial Communications, Inc. A. Beyer 951-587-8072 Email Contact
needed to get there mirnos or it would slide even more imo.
Posted by mrinos on :
been watching = lotta buys at 26
Posted by BooDog on :
.0029 ask isn't movin. spread geting tighter?
Posted by BooDog on :
arca holding this back now grrrrr
Posted by BooDog on :
SAN DIEGO, CA, Jul 16, 2007 (MARKET WIRE via COMTEX) -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced additional reconstruction work at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. A new photo gallery showing the reconstruction work is expected to be added to the Media section of the Unico website, http://www.unicomining.com, in the next several days.
Jean Duvall, the millwright contracted to supervise improvements to the ball mill, has completed the final inspection on the ball mill. Mr. Duvall checked the alignment of the bull gear and pinion gears and made one last final inspection of the main trunion bearings before giving his final approval to operate the ball mill. Once the power has been connected, there will be a dry run, and after any necessary adjustments are made, the balls will be installed inside the ball mill.
Assembly of the thickener, which will primarily be used to thicken tailings, is in the final stages of completion. The thickener walls have been erected to their final height and have been completely welded including the angle iron stabilization rims. The thickener bridge, turning mechanism, rakes, decking, and stairways have all been installed. The majority of the safety railings have also been installed. The steel for the remaining railings has been delivered and installation is expected in the next several days. The overflow weirs have been fabricated, and once the weirs have been installed, the unit will be considered complete. Rust inhibitor paint will be applied before the thickener begins operating.
The piping and pump requirements for the flotation process are presently in the final calculation stages. The required pumps are either already on site or are immediately available for purchase. Installation of the pumps and piping will commence once the calculations are complete.
"The reconstruction work at the mill and processing facility at the Deer Trail Mine continues to progress at full pace, and the final inspection of the ball mill by our millwright, Jean Duvall, is an important step in preparing to operate the floatation process at the facility," stated Mark A. Lopez, chief executive officer of Unico, Inc. "The anticipated completion of the thickener in the new mill building and the installation of the required piping and pumps in the floatation circuit will be additional milestones in the reconstruction process, and we look forward to seeing the remaining work completed so that operations at the Deer Trail facility can begin as soon as possible."
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.
sounds good. more pictures. i like how they keep everything up to date. some day they may stop the dilution train.
Posted by worthashot on :
I'm in at .0018. This one looks ready.
Posted by worthashot on :
As of May 31, 2007, the Company had 1,911,206,609 shares of common stock issued and outstanding with 3,088,793,391 shares authorized but unissued.
...Effective August 11, 2006, the Company’s common stock underwent a 1 for 100 reverse stock split. As a result, the number of outstanding shares of the Company’s common stock as of August 11, 2006 decreased from approximately 4,954,096,450 pre-reverse split shares to approximately 49,540,965 post-reverse split shares.
wow. the cycle continues. http://www.otcbb.com/dailylist/ should be added to the daily check of things to do. imo. might be safe until Feb - March time frame '08 before the next rs imo. just a wag.
Posted by BooDog on :
News for 'UCOI' - (Unico, Inc. Announces Extension to Complete Purchase of the Deer Trail Mine Final Closing Date Now Expected on or Before July 31, 2007)
SAN DIEGO, CA, Jul 17, 2007 (MARKET WIRE via COMTEX) -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that the final date to complete the process of transferring ownership of the Deer Trail Mine in Marysvale, Utah from Crown Mines, LLC to the Deer Trail Mining Company has been extended to July 31, 2007. The new extension agreement was executed on July 16, 2007 and was primarily made to provide sufficient time to complete the title report, assure proper transfer of title and complete the sale.
An independent third party has been retained to produce the title report and conduct all necessary due diligence to ensure that the Deer Trail Mine is properly conveyed to the Deer Trail Mining Company.
Unico has secured the entire remaining balance of $1.7 million to exercise the lease buy-out option on the remaining balance. Previous payments totaling $2.3 million, which will be applied toward the purchase price upon closing, have been made to Crown Mines.
"The proper conveyance of title is a critical element of our purchase of the Deer Trail Mine from Crown Mines, LLC, and this mutual agreement allows the additional time necessary to complete this work and close the sale properly," said Mark A. Lopez, chief executive officer of Unico, Inc. "We view the Deer Trail Mine as an important long term asset for the company and a major focal point of our ongoing operations. We look forward to completing the process of transferring ownership in the timeframe allowed by this extension."
The mining lease and option to purchase between Unico, Inc. and Crown Mines, LLC, dated December 12, 2001, was adjusted through a first modification of mining lease and option to purchase, dated May 31, 2004, a second modification of mining lease and option to purchase, dated April 21, 2006, a third modification of mining lease and option to purchase, dated November 1, 2006, and a fourth modified lease and option to purchase agreement in April 2007, which provided for a due date of May 31, 2007 for Unico, Inc. to exercise its purchase option.
Under the agreement, Deer Trail Mining Company, LLC has the right to acquire the mining claims located in Marysvale, Utah, which consist of 32 patented mining claims and 171 unpatented mining claims, as well as mill sites, dumps and other transferable rights contained in the agreement.
The claims covered in the purchase agreement total approximately 3,275 acres, or 5.12 square miles, and include workings known as the Deer Trail Mine, the PTH Tunnel and the Carisa and Lucky Boy Mines. The PTH Tunnel penetrates more than 10,000 feet, with a developed network of tunnels, shafts, stopes, and raises at the 3,400-foot-area and at the 8,000-foot-area, and was mined by prior owners for gold and silver. The initial Deer Trail claims date back to 1870.
Unico, Inc. has also filed its Quarterly Report on Form 10-QSB for the period ended May 31, 2007. A link to the complete filing can be found on the company's website at www.unicomining.com./IR/investorrelations.php.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.
Posted by BooDog on :
SAN DIEGO, CA, Jul 19, 2007 (MARKET WIRE via COMTEX) -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced the addition of a new photo gallery on the company's corporate website showing recent reconstruction work at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. The gallery can be found in the Media section of the site at http://www.unicomining.com./news/othermedia.php.
The new photo gallery contains a section showing the ball mill, which has just received final approval from Jean Duvall, the millwright contracted to supervise improvements to the ball mill, to operate. Mr. Duvall checked the alignment of the bull gear and pinion gears and made one last final inspection of the main trunion bearings. Once the power has been connected, there will be a dry run, and after any necessary adjustments are made, the balls will be installed inside the ball mill.
Another section of the gallery shows assembly of the thickener, which will primarily be used to thicken tailings. The thickener walls have been erected to their final height and have been completely welded including the angle iron stabilization rims. The thickener bridge, turning mechanism, rakes, decking, and stairways have all been installed. The majority of the safety railings have also been installed. The steel for the remaining railings has been delivered and installation is expected in the next several days. The overflow weirs have been fabricated, and once the weirs have been installed, the unit will be considered complete. Rust inhibitor paint will be applied before the thickener begins operating.
The gallery also shows photographs of an exterior stairway, which was constructed to allow for additional access to the mill building.
"The new photo gallery showing recent work at the mill and processing facility at the Deer Trail Mine demonstrates how quickly the final stages of reconstruction are progressing," commented Mark A. Lopez, chief executive officer of Unico, Inc. "With final inspection of the ball mill completed, we are preparing to perform a dry run once the power is connected to the facility. The thickener, which is the last major construction project within the mill buildings, is also in the final stages of assembly. We hope shareholders are closely following these updates and will monitor the remaining work in preparation for the initiation of operations at the Deer Trail mill and processing facility as well as our efforts in closing on the Deer Trail buy-out option with Crown Mines."
Unico, Inc. has secured the entire remaining balance of $1.7 million to exercise the lease buy-out option on the Deer Trail Mine from Crown Mines, LLC. The company is currently awaiting completion of the title report and all necessary due diligence to ensure that the Deer Trail Mine is properly conveyed to Unico's wholly owned the Deer Trail Mining Company subsidiary. The final closing date is expected on or before July 31, 2007.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.
convertibles continue to beat the crap out of this. see if it gets as bad as ddsi.
oh yeah... smile for the camera! Posted by Time2drum on :
quote:Originally posted by BooDog: As of May 31, 2007, the Company had 1,911,206,609 shares of common stock issued and outstanding with 3,088,793,391 shares authorized but unissued.
think they have everyone paid off yet?
Posted by Time2drum on :
Nah, just getting started! Fire up the press!!! Posted by JimSC on :
Be careful - huge dilution and great risk for R/S. Check with T/A before taking a position. *** The trend is still down. Never take a position until the dilution is done and uptrend is clear.
UCOI: trend is still down, dilution is huge, and R/S is expected.
Dumped 1 B shares in one month.
Get out while you can.
***** From Ihub:
*** Posted by: ronning999 In reply to: DSDstock who wrote msg# 8073 Date:7/20/2007 9:58:12 PM Post #of 8081
DSDstock,
There is a lot more than "a feeling that the float is huge which gives this a sense of dillution."
If this is not absolute proof that massive dilution is evident and happening, then you need help --- from various 10-K's and 10-Q's:
07-16-06 OS = 49,340,965 10-12-06 OS = 182,411,108 01-11-07 OS = 747,889,608 06-11-07 OS = 1,906,735,609 07-16-07 OS = 2,915,363,072
Posted by BooDog on :
agreed, timing is key and watching both the charts and the daily list.
where is that risk/reward level????
Posted by worthashot on :
Didn't they just do a reverse split? Didn't this used to be UNCN?
Posted by BooDog on :
.0013 LOD no one want's it cept the flippers now. Posted by BooDog on :
quote:Originally posted by worthashot: Didn't they just do a reverse split? Didn't this used to be UNCN?
I couldn't find that. they did an rs but not sure about uncn.
...Effective August 11, 2006, the Company’s common stock underwent a 1 for 100 reverse stock split. As a result, the number of outstanding shares of the Company’s common stock as of August 11, 2006 decreased from approximately 4,954,096,450 pre-reverse split shares to approximately 49,540,965 post-reverse split shares.
and now this is at about 3b shares. watch the trend on the charts with the accum and the momo for the reversal ~and the level II's imo. Many running because of the RS theory which will probably happen imo too but when????
Posted by worthashot on :
Unico, Inc. Secretary Files Form 4 on Stock Purchase Monday September 25, 8:46 am ET
SAN DIEGO, CA--(MARKET WIRE)--Sep 25, 2006 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that secretary Wayne Hartle has purchased 1,953,165 shares of Unico common stock. The purchase was made at a price of $0.0192 per share on September 20, 2006 and brings the total number of common shares that Mr. Hartle owns to 1,994,224. ADVERTISEMENT
Mr. Hartle's purchase is reflected in a Form 4 Statement of Change in Beneficial Ownership of Securities filed with the Securities and Exchange Commission.
"On my recent visits to the Deer Trail Mine property, I have been extremely impressed by the reconstruction of the mill and the initial results from the analysis of core samples taken from the Phase II underground drilling program conducted at the Deer Trail Mine," said Mr. Hartle.
"There is clearly great potential in the company's current subsidiary properties, and the recently announced agreements to acquire the Crown Point, Clyde and 70 other claims in the area further increases the potential for Unico's mine holdings. Given this significant progress, I am only too pleased to add to my common stock position in the company," added Mr. Hartle.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., particularly when new press releases, SEC filings or other information is disclosed, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php.
About Unico, Inc.
Unico, Inc. (OTC BB:UCOI.OB - News), is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has recently announced agreements to acquire over 70 additional mining claims. For more information, please visit www.unicomining.com. Posted by TopRob on :
Worth, Do you realize that that is 1 year old news. What's your point?
Posted by BooDog on :
0.0020 0.0007 53.85% 117,423,242
nice
Posted by BooDog on :
Unico, Inc. Announces Appointment of New Senior Geologist for Deer Trail Mining Company Monday August 13, 9:32 am ET
SAN DIEGO, CA--(MARKET WIRE)--Aug 13, 2007 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that Dean Misantoni has been hired by the company's wholly owned subsidiary, Deer Trail Mining Company, LLC, to serve as senior geologist. The focus of Mr. Misantoni's efforts will be underground mining activities at the Deer Trail Mine in Marysvale, Utah. ADVERTISEMENT
Mr. Misantoni has extensive experience in underground metals mines in over twenty-five years as a geologist, consulting geologist, senior geologist and related positions.
Most recently, Mr. Misantoni served as senior geologist for the Sweet Home Mine in Alma, Colorado. In this capacity, he provided underground surveying, geologic mapping and modeling in a complex, narrow vein environment.
In previous positions, Mr. Misantoni conducted geologic mapping and drill target generation over 100 square kilometer concession; was responsible for layout and implementation of underground core drilling program and subsequent reserve calculations; supervised geologic mapping, core logging and reserve calculations in a low sulfidation, epithermal vein district; and was involved in all phases, feasibility through production, of an underground gold mine.
Mr. Misantoni graduated with a B.S. in Geology from Southern Illinois University and an M.S. in Economic Geology from Colorado State University.
"We are pleased to have a geologist with the background and experience of Mr. Misantoni join the Deer Trail Mining Company and assist with our efforts to target future underground mining activities at the site," stated Mark A. Lopez, chief executive officer of Unico, Inc.
"I look forward to my work at the Deer Trail Mine and believe that there is excellent potential at this property," commented Mr. Misantoni. "I was attracted to the opportunity due to all of the different types of targets and geology that are present at the Deer Trail Mine."
Unico recently completed the purchase of the Deer Trail Mine for its Deer trail Mining Company subsidiary.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.
About Unico, Inc.
Unico, Inc. (OTC BB:UCOI.OB - News) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional mining claims. For more information, please visit www.unicomining.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.
Contact: Contacts: Gemini Financial Communications, Inc. A. Beyer 951-677-8073 Email Contact
not building a car just so you can sit and stare at it imo....
News for 'UCOI' - (Unico, Inc. Announces the Progress of Work by Atlas Fausett Contracting to Rehabilitate the Deer Trail Mine Including the Reopening of the PTH Tunnel for Underground Mining Activities)
SAN DIEGO, CA, Oct 01, 2007 (MARKET WIRE via COMTEX) -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that Atlas Fausett Contracting, with which the company's wholly owned Deer Trail Mining Company subsidiary has contracted for underground mine maintenance work including portal and stope rehabilitation at the Deer Trail Mine in Marysvale, Utah, has arrived onsite and initiated its work.
A new photo gallery showing the initial work by Atlas Fausett Contracting is expected to be added to the Media section of the Unico website, http://www.unicomining.com, in the next several days.
Atlas Fausett Contracting, a division of Atlas Mining Company (www.atlasmining.com), is contracted to conduct initial underground maintenance work including the replacement of timber sets, clean up of the main haulage way and installation of ground support where needed. Atlas Fausett Contracting provides a variety of services, including site evaluation, feasibility studies, trouble-shooting and consultation prior to the undertaking of exploration and mine development. AFC projects include all types of underground mine development, rehabilitation and specialized civil construction.
During the week of September 24, 2007, Atlas began the mine maintenance work and reopening of the PTH Tunnel that is expected to pave the way for future underground mining activities at the Deer Trail Mine. Equipment was brought in to rehabilitate the portal including three Gardner-Denver Jackleg drills, ore slushier and bucket. Several stacks of mine timber that will be used to shore up the main haulage tunnel have also arrived on site.
Currently, Atlas personnel are onsite and have initially repaired the first 20 feet of timber where the PTH Tunnel starts underground. This involved removing the overburden on the hillside for approximately 20 feet into the mine, followed by removing the rotten timber that were installed to collar the tunnel several decades ago.
Atlas' work is expected to bring the 3400 East stope in compliance with MSHA standards. The 3400 East area was previously mined for silver, gold, lead and zinc. The development waste generated from the rehabilitation of the 3400 East stope is expected to provide immediate feed for the mill and processing facility at the Deer Trail Mine, in addition to the material from upper dump area, which has been screened and is prepared for processing.
"We are pleased at how quickly Atlas was able to arrive at the Deer Trail Mine and begin their work to reopen the PTH Tunnel and conduct underground maintenance," stated Mark A. Lopez, chief executive officer of Unico. "I was able to see the progress of this work firsthand on a visit to the Deer Trail Mine last week and was impressed with the quality of work that the Atlas crew has exhibited. We look forward to continued progress at the Deer Trail Mine and a successful ongoing relationship with Atlas Mining."
Unico recently completed the purchase of the Deer Trail Mine for its Deer Trail Mining Company subsidiary.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.
About Atlas Mining Company
Atlas Mining Company is a diversified natural resource company with a focus on the development of the Dragon Mine halloysite clay deposit in Juab County, Utah. Atlas also operates the Atlas Fausett Contracting Division, an underground mining and drilling contracting business. Atlas stock trades on the OTC Bulletin Board under the symbol "ALMI." More information about Atlas Mining Company can be found at http://www.atlasmining.com.
About Unico, Inc.
Unico, Inc. (OTCBB: UCOI) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional mining claims. Recently, Unico announced that its wholly owned Deer Trail Mining Company subsidiary had completed the purchase of the Deer Trail Mine from Crown Mines, LLC. For more information, please visit www.unicomining.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.
News for 'UCOI' - (Unico, Inc. Announces MSHA Notification and Renewal of Mine Rescue Coverage for Underground Activities at the Deer Trail Mine)
SAN DIEGO, CA, Oct 04, 2007 (MARKET WIRE via COMTEX) -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that its wholly owned subsidiary Deer Trail Mining Company has submitted a correspondence notifying the U.S. Mine Safety and Health Administration (MSHA) that the company has contracted with Atlas Fausett Contracting, a division of Atlas Mining, for underground mine maintenance work including portal and stope rehabilitation at the Deer Trail Mine in Marysvale, Utah.
The notification to MSHA includes a description of the work that is being performed by Atlas Fausett Contracting, as well as geological sampling work undertaken by Deer Trail Mining Company under the direction of senior geologist, Dean Misantoni. The notification also informs MSHA that screening operations of previously mined stockpiles and/or tailings are being conducted at the Deer Trail Mine.
In addition to the MSHA notification, Deer Trail Mining Company has secured underground mine rescue coverage from Talon Resources, which has provide consulting and direct representation for the company to the state of Utah's Division of Oil, Gas and Mining (DOGM), as well as conducting certified training and safety compliance programs required by MSHA.
Talon Resources provides a wide variety of services to the mining industry including environmental assessments and permitting, construction inspection, surveying, engineering, instrument calibration, permit tracking, surveys for landfill and hazardous waste sites. They also provide mining and other subsurface location maps and global positioning system surveys.
Initially, the Deer Trail Mining Company hired Talon Resources to provide inspection of the underground mining activity in the PTH Tunnel and alternative miner rescue capabilities in connection with its mine rescue team. These activities were an integral part of the underground diamond core drilling program at the Deer Trail Mine in 2005.
"We are pleased to have submitted the required notification to MSHA related to the underground activities that have been initiated at the Deer Trail Mine," stated Mark A. Lopez, chief executive officer of Unico, Inc. "The alternative mine rescue capabilities of Talon Resources also brings an additional level of safety to the rehabilitation and planned future underground mining activities at the Deer Trail Mine. Safety is critically important to our project in moving forward with our underground plans, and Talon Resources provides strong expertise and knowledge in this area."
Atlas Fausett Contracting, a division of Atlas Mining Company (www.atlasmining.com), is contracted to conduct initial underground maintenance work including the replacement of timber sets, clean up of the main haulage way and installation of ground support where needed. Atlas Fausett Contracting provides a variety of services, including site evaluation, feasibility studies, trouble-shooting and consultation prior to the undertaking of exploration and mine development. AFC projects include all types of underground mine development, rehabilitation and specialized civil construction.
During the week of September 24, 2007, Atlas began the mine maintenance work and reopening of the PTH Tunnel that is expected to pave the way for future underground mining activities at the Deer Trail Mine.
Unico recently completed the purchase of the Deer Trail Mine for its Deer Trail Mining Company subsidiary.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.
About Unico, Inc.
Unico, Inc. (OTCBB: UCOI) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional mining claims. Recently, Unico announced that its wholly owned Deer Trail Mining Company subsidiary had completed the purchase of the Deer Trail Mine from Crown Mines, LLC. For more information, please visit www.unicomining.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.
News for 'UCOI' - (Unico, Inc. Announces Further Reconstruction Work at the Mill and Processing Facility at the Deer Trail Mine)
SAN DIEGO, CA, Oct 11, 2007 (MARKET WIRE via COMTEX) -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced further progress of reconstruction work at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah.
A new photo gallery showing the reconstruction work is expected to be added to the Media section Unico website, http://www.unicomining.com in the next several days.
The vacuum pumps used for the Eimco filter have been installed as have the filtrate tanks used to collect the wastewater from the Eimco filter. All piping required to operate the filter and vacuums are in place and prepared for their final electrical connections.
The piping that will carry the tailings to the thickener has been installed along with all of the piping that will carry the recycled water throughout the mill.
The fine ore feed conveyors have had new belting and rollers installed, and a test a run is scheduled in the next several days.
The onsite laboratory is being moved from the mine site to the area of the mill buildings to help increase the efficiency of the mill operations and improve logistics at the site. The concrete walkways that will be used to connect the laboratory to the mill buildings are currently being poured.
The DC motors and DC speed controllers, which operate the belts that feed the ore into the mill, have been delivered and are currently being installed.
Ongoing electrical connections inside the mill building are being made daily, and electrical equipment is being tested as it comes online.
The reconstruction of the mill and processing facility is being undertaken so that Unico's wholly owned mining subsidiary, Deer Trail Mining Company, Inc. can begin processing operations at the site. Above-ground stockpiles of material at the site is the immediate target of processing operations as additional future planned mining operations at the Deer Trail Mine are strategized.
"We are pleased to report this additional progress of reconstruction work at the mill and processing facility at the Deer Trail Mine," stated Mark A. Lopez, chief executive officer of Unico. "With the power supply through the new electrical substation now available, we look forward to completing the final electrical connections, motor installations, and wiring work, so testing inside the facility can begin."
Unico recently completed the purchase of the Deer Trail Mine for its Deer Trail Mining Company subsidiary.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.
About Unico, Inc.
Unico, Inc. (OTCBB: UCOI) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional mining claims. Recently, Unico announced that its wholly owned Deer Trail Mining Company subsidiary had completed the purchase of the Deer Trail Mine from Crown Mines, LLC. For more information, please visit www.unicomining.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.
Posted by BooDog on :
News for 'UCOI' - (Unico, Inc. Announces Approval of Amendment to Commence Large Scale Mining Operations at the Deer Trail Mine)
SAN DIEGO, CA, Oct 15, 2007 (MARKET WIRE via COMTEX) -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that it has received conditional approval of an additional amendment to its Large-Scale Mining Plan to cover expansion of the mill and processing facility at the Deer Trail Mine in Marysville, Utah.
The State of Utah's Division of Oil, Gas and Mining (DOGM) granted formal approval of Unico's amended Large-Scale Mining Plan for the Deer Trail Mine in April 2005. DOGM completed a review of the amendment submitted by the company in February 2007 and updated in September 2007.
Unico's wholly owned subsidiary Deer Trail Mining Company, LLC has added new construction elements to the existing site plan for the mill and processing facility at the Deer Trail Mine. As part of its amendment to the Large-Scale Mining Plan in February 2007, Unico submitted to DOGM additional blueprints of the site modifications and a reclamation surety bond estimate.
The amended Large-Scale Mining Plan allows Unico to expand the scope of its large mining operation and execute its long-term plan at the Deer Trail Mine. Mining operations under the plan may include activities conducted on the surface of the land for exploration, development or extraction of a mineral deposit, including, but not limited to, surface mining and the surface effects of underground mining, on-site transportation, concentrating, milling, evaporation and other primary processing.
Recently, the company contracted with Atlas Fausett Contracting, a division of Atlas Mining Company (www.atlasmining.com), for underground mine maintenance work including portal and stope rehabilitation at the Deer Trail Mine. Atlas Fausett Contracting provides a variety of services, including site evaluation, feasibility studies, trouble-shooting and consultation prior to the undertaking of exploration and mine development. AFC projects include all types of underground mine development, rehabilitation and specialized civil construction.
Atlas Fausett Contracting is currently conducting initial underground maintenance work including the replacement of timber sets, clean up of the main haulage way and installation of ground support where needed.
Concurrently, reconstruction of the mill and processing facility at the Deer Trail Mine has continued. The new electrical substation will supply up to 2.5 megawatts of electricity to power mining and processing activities at the site. With the main electrical substation, the secondary substation and all major electrical connections completed, power is now available inside both mill buildings at the site. The main substation supplies the 1.5 megawatts of power required to operate the mill and processing facility and an additional megawatt of excess power capacity is available for future upgrades to the system, including power for mining activities at the Deer Trail property and other Unico claims in the area.
The reconstruction of the mill and processing facility is being undertaken so that Unico's wholly owned mining subsidiary, Deer Trail Mining Company, Inc. can begin processing operations at the site. Above-ground stockpiles of material at the site is the immediate target of processing operations as additional future planned mining operations at the Deer Trail Mine are strategized.
Onsite metallurgical and geological work has also been initiated at the Deer Trail Mine.
"We will continue to comply with DOGM's requirements for permitting and posting of the required reclamation surety as we prepare for processing operations at the mill and processing facility and future underground mining activities at the Deer Trail Mine," stated Mark A. Lopez, chief executive officer of Unico. "As operations at the site are expanded, we expect there to be additional amendments to the Large-Scale Mining Plan. We are very excited about the progress made thus far and the future of our project at the Deer Trail Mine."
Unico recently completed the purchase of the Deer Trail Mine for its Deer Trail Mining Company subsidiary.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.
About Unico, Inc.
Unico, Inc. (OTCBB: UCOI) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional mining claims. Recently, Unico announced that its wholly owned Deer Trail Mining Company subsidiary had completed the purchase of the Deer Trail Mine from Crown Mines, LLC. For more information, please visit www.unicomining.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.
Just don't look at the share structure and ignore the up coming rs (yet to be announced imo).
Posted by TopRob on :
Now at .001 x .0011 and looks like a good point to get in. However, the chart shows that since the last R/S back on 08/14/06, the pps has steadily gone down. They have good PR, so they must be doing heavy diluting and may continue diluting until it hits bottom.
I'll keep an eye on this one to see if they will stop diluting and let the pps rise.
Posted by BooDog on :
Courtosy of the rs thread. Thanks Mag!
UCOI a ratio of up to 1:500 Reverse Split pending Source: PRE 14A filed on 11/09/07 see link below...
...."In addition, the resulting reduction in the number of issued and outstanding shares of Common Stock, while keeping the number of authorized shares of Common Stock at 5,000,000,000 shares, will provide the Company with additional authorized but unissued shares which could be utilized for future fundraising, acquisitions or mergers or to otherwise carry out the Company’s business objectives."....
Posted by JimSC on :
Stay away from stocks with huge O/S. R/S is always before the bottom -- never play bottom bounce with dilutive stocks.
One more example is UCOI.
*** Post date: 7/23/2007:
quote:Originally posted by JimSC: Be careful - huge dilution and great risk for R/S. Check with T/A before taking a position. *** The trend is still down. Never take a position until the dilution is done and uptrend is clear.
UCOI: trend is still down, dilution is huge, and R/S is expected.
Dumped 1 B shares in one month.
Get out while you can.
***** From Ihub:
*** Posted by: ronning999 In reply to: DSDstock who wrote msg# 8073 Date:7/20/2007 9:58:12 PM Post #of 8081
DSDstock,
There is a lot more than "a feeling that the float is huge which gives this a sense of dillution."
If this is not absolute proof that massive dilution is evident and happening, then you need help --- from various 10-K's and 10-Q's:
07-16-06 OS = 49,340,965 10-12-06 OS = 182,411,108 01-11-07 OS = 747,889,608 06-11-07 OS = 1,906,735,609 07-16-07 OS = 2,915,363,072
Posted by BooDog on :
We knew it was coming. Just a matter of when. Unbelievable how quickly they dumped so many shares. Need to see what the dates will be. Maybe we'll get a little run before the split after they've spent all their shares. I have been out for some time but might watch for the pre split run for a flip.
quote:Originally posted by JimSC: Stay away from stocks with huge O/S. R/S is always before the bottom -- never play bottom bounce with dilutive stocks.
One more example is UCOI.
*** Post date: 7/23/2007:
quote:Originally posted by JimSC: Be careful - huge dilution and great risk for R/S. Check with T/A before taking a position. *** The trend is still down. Never take a position until the dilution is done and uptrend is clear.
UCOI: trend is still down, dilution is huge, and R/S is expected.
Dumped 1 B shares in one month.
Get out while you can.
***** From Ihub:
*** Posted by: ronning999 In reply to: DSDstock who wrote msg# 8073 Date:7/20/2007 9:58:12 PM Post #of 8081
DSDstock,
There is a lot more than "a feeling that the float is huge which gives this a sense of dillution."
If this is not absolute proof that massive dilution is evident and happening, then you need help --- from various 10-K's and 10-Q's:
07-16-06 OS = 49,340,965 10-12-06 OS = 182,411,108 01-11-07 OS = 747,889,608 06-11-07 OS = 1,906,735,609 07-16-07 OS = 2,915,363,072
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