posted
I think this stock has a lot of potential. It was a sleeper for a few months but it's really starting to take off this past week. My shares have gone through the roof recently and they haven't even started processing the gold with their "new technology" yet (from what I understand). I see the corporate officers have been grabbing shares in the millions too. I know it was at $0.35 earlier last year. I was trading it at 0.04-0.06 last fall. Currently it's at 0.016 today. Anyone have an idea how high this one should (or could) go?
Posts: 33 | From: San Diego, CA | Registered: May 2009
| IP: Logged |
I bought some stock but am thinking of investing more. I think there's a lot of potential here. Is anyone else invested in them?
Here's the news they reported today: -------------------------------------------------
Unico, Inc. Announces Shipment of Concentrate Samples From the Deer Trail Mine for Alternative Processing of Gold and Silver Thursday 05/28/2009 9:08 AM ET - Market Wire
Related Companies Symbol Last %Chg UNCO 0.02 60.00%
As of 12:02 PM ET 5/28/09 Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today announced that the company has shipped samples of material, including a large bulk sample of flotation concentrate produced at the Deer Trail mill facility in Marysvale, Utah, to Royal Mines And Minerals Corporation for testing of Royal Mines' proprietary technology for the lixiviation of precious metals.
Unico recently announced that it was pursuing alternative processing methods for the extraction of silver and gold from concentrate at the Deer Trail Mine. The purpose of this initiative is to develop the most economical process and achieve the highest recovery of precious metals possible from material produced at the site. The shipment of concentrate and additional material from the Deer Trail Mine to Royal Mines' processing facility in Phoenix, Arizona is one aspect of the Company's plan.
The shipments to Royal Mines, which is publicly traded under the symbol RYMM, began with the delivery of an initial 1 kilogram sample of concentrate produced at the Deer Trail mill facility. After a first round of testing had been completed, three larger samples from the Deer Trail site were delivered, including 45 pounds of screened material from one of the waste dumps at the Deer Trail Mine, a 45-pound sample of oxide tailings from the site, and a one ton sample of sulfide floatation concentrate processed at the Deer Trail mill facility.
Two photographs of the one ton sample that was shipped to Royal Mines have been added to the "Media" section of the Unico website at www.unicomining.com./news/othermedia.php.
Results from the testing of the first sample has led the Company to deliver the three additional samples of screened material, oxide tailings and the one ton shipment of concentrate for further testing by Royal Mines.
"We are pleased to announce the shipment of these concentrate samples to Royal Mines as we pursue the best methods available for the recovery of precious metals from material at the Deer Trail Mine," stated Mark A. Lopez, chief executive officer of Unico, Inc. "The use of Royal Mines processing method is one of the options we are currently considering, and this additional testing will go a long way in determining how the Company may proceed."
More information on Royal Mines proprietary technology for the lixiviation of precious metals can be found at its website, www.royalmmc.com.
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when newsletters 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: UNCO) 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 two mine properties: the Deer Trail Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional mining claims including the Clyde and Crown Point mining claims. In August 2007, 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.
Contacts: Gemini Financial Communications, Inc. A. Beyer 951-677-8073 Email Contact
posted
This stock went nuts today.. .0125-.044 finished out at .037 what a day.. but I think it's going to pull back hard tomorrow.. anyone else have an opinion on UNCO ??
Help me out here guys!!
Blessed Man (oh yes I am)
Posts: 33 | From: San Diego, CA | Registered: May 2009
| IP: Logged |
posted
I agree.. I'm reloaded for the next run.. current ASK .03 what a deal knowing where this is going. Just look at the chart and read up on them to see for yourself.
When we look back in a couple weeks-months we're going to see that we were all "tripping over nickles" at the current prices. These guys have so many things in the works, it should only be a matter of time before this gets back above the 10 cent range.. They're just starting to send their mined dirt in for gold processing. Wait til they begin unloading gold on the open market..
Hopefully another major run tomorrow!!
Posts: 33 | From: San Diego, CA | Registered: May 2009
| IP: Logged |
posted
I grabbed some today at 2 cents which was down huge from earlier in the week. I think it could run next if they come out with another update on the refinery they're building or with the tons of dirt they sent to RYMM for testing and extraction.
Posts: 33 | From: San Diego, CA | Registered: May 2009
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
