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Eurasia Gold to sell shares in London next month
EURASIA GOLD INC (EGX:TSX)
http://www.tsx.com/HttpController?GetPage=QuotesLookupPage&DetailedView=DetailedPrices&Marke...
26 Feb 2007
Eurasia Gold Inc., a Kazakh-based gold miner part-owned by billionaire
Viktor Vekselberg, plans to sell shares in London next month to raise
as much as $150 million (€114 million) for acquisitions in central Asia.
The company, already listed in Toronto, will sell new
dollar-denominated shares, while existing shareholders the Mukashev
family will offer part of their stake to banks managing the sale, said
Tim Read, chairman of Eurasia Gold Inc. Nomura International and
Uralsib Financial Corp. will manage the sale. „We're going from a
Kazakh miner to a central Asia-wide approach,” Read said by telephone
from London.
„We'll end up as a $450 million to $500 million (€381 million)
company, fully cashed up to develop new assets.” Eurasia plans to
increase its output from 66,000 ounces of gold last year to 350,000
ounces of gold equivalent by 2010 by buying a gold-copper project in
Kyrgyzstan and a silver project in Tajikistan. The company's output
will be two-thirds gold and the rest mainly copper, Read said.
The projects are owned by the Eurasia Gold founder Kumar Mukashev and
his family, who hold a controlling 54% stake in the Toronto-based
company. Vekselberg holds about 24% through his Renova investment
vehicle, and that will drop to 12% after the London sale, Read said.
„He's not cashing out,” Read said, adding that the Russian billionaire
signed a so-called lock-in agreement not to sell his Eurasia shares.
The Mukashev family's stake will stay at „just over 50%” since it owns
the Kyrgyz and the Tajik projects being acquired by Eurasia, Read
said. The family will not be voting on the related party transaction
when it is set for approval before Eurasia's shareholders this month,
he said. Eurasia will offer shares to investors in Europe and the US
About $50 million from the sale will be invested in each of the new
projects, the Bozymchak deposit in Kyrgyzstan and the Akjilga mine in
Tajikistan, Read said. (Bloomberg)
EURASIA GOLD INC (EGX:TSX)
http://www.tsx.com/HttpController?GetPage=QuotesLookupPage&DetailedView=DetailedPrices&Marke...
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UPDATE 3-Gold eyes $700/OZ, aided by oil, political tensions
Fri Feb 23, 2007 11:44 AM GMT14
By Pratima Desai
LONDON, Feb 23 (Reuters) - Rising security concerns, higher oil prices and inflation worries may propel gold prices towards $700 an ounce over the coming days, analysts said on Friday.
Spot gold <XAU=> was higher at $676.70/$677.40 an ounce by 1120 GMT from $676.60/$677.30 late in New York on Thursday. Earlier this week the precious metal hit a nine-month high of $682.10 and since January 5 it has gained about 12 percent.
Traders expect initial resistance at $688.50, the highest since May 19 before the key psychological level of $700.
"It's not just oil, people are looking at geopolitical tensions as well," said Simon Weeks, director of bullion at ScotiaMocatta. "There are a lot of people buying into the commodity story."
Tensions between Iran and the United Nations and ongoing conflict in Iraq have helped boost gold, seen as a haven when security risks are rising.
The U.N.'s nuclear watchdog said on Thursday Iran had failed to meet a Wednesday deadline to suspend enrichment of uranium, exposing Tehran to possible new sanctions over concerns it seeks to produce an atomic bomb.
Press Release Unico, Inc. Announces Next Round of $1 Million Private Placement Financing
Thursday February 22, 8:58 am ET
SAN DIEGO, CA--(MARKET WIRE)--Feb 22, 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 second round of a total of $1,000,000 of financing in the form of private placement investments in restricted common stock.
On January 12, 2007, Unico sold 33,333,333 shares of its restricted common stock to an unrelated third party for a purchase price per share of $0.012 and an aggregate purchase price of $400,000. The shares were issued restricted pursuant to Rule 144 of the Securities Act of 1933.
The first private placement in the amount of $599,000 was sold on December 29, 2006 bringing the total amount of capital raised through these two rounds of financing to approximately $1,000,000.
The capital from these two private placements is being applied to the operations of Unico and to support the ongoing activities of its subsidiary mining properties.
"The company's major focus remains the development and growth of revenues from the operations of its subsidiaries, and access to adequate capital resources is a critical element of these efforts," said Mark A. Lopez, chief executive officer of Unico, Inc. "We are pleased to have completed these private placement investments and look forward to the continued progress of our subsidiary operations."
Photo galleries showing the reconstruction of the mill and processing facility at the Deer Trail Mine, which is in the completion phase, are available on the Unico website at http://www.unicomining.com./news/othermedia.php.
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.
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
http://www.unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
Email Contact
http://www.otcfn.com/ucoi
Source: Unico, Inc.
http://biz.yahoo.com/iw/070222/0218680.html?printer=1
Gold Rises to Seven-Month High in London on Speculation Dollar May Drop
US Dollar in down trend
GOLD
GOLD
GOLD | TECHNOLOGY | DJIA
http://www.ivarkreuger.com/chart.htm
Gold Rises to 6-Month High; Dollar's Fall Spurs Investor Demand
By Claudia Carpenter
Feb. 14 (Bloomberg) -- Gold climbed to a six-month high in London as the dollar extended declines against the euro, spurring demand for the precious metal as an alternative asset.
Investment demand for gold in exchange-traded funds, or ETFs, tracked by the World Gold Council has increased 2.1 percent this year to 18.5 million ounces. The gains accelerated this week as the dollar fell against the euro to the lowest since Jan. 4.
``We feel far more confident with the current market situation than a year ago when there was a lot of speculative demand,'' said Markus Bachmann, manager of the $280 million Craton Capital Precious Metals Fund in Johannesburg. ``This is very long term money'' going into gold now, he said.
Gold for immediate delivery gained $4.30, or 0.7 percent, to $668.55 an ounce at 11:13 a.m. in London. Earlier, prices climbed to $670.65, the highest since July 17.
Gains in bullion are encouraging investors to buy gold equities, with the American Stock Exchange Gold Bugs Index ``catching a slightly more aggressive bid,'' said MacNeil Curry, technical strategist at Barclays Capital in London.
``If you look across the precious metals asset class, price action consistently is giving you a bullish long term theme regardless of the specific metal,'' Curry said.
Gold is being supported by investor demand for a haven because of increased tensions in the Middle East and South Korea, said Bernard Sin, chief trader at MKS Finance in Geneva. ``In Iran, in South Korea, in Lebanon, it is basically geopolitically bullish for gold.'' Jewelers, the biggest users of gold, are also buying bullion before China's Lunar New Year holiday next week, he said.
If gold futures in New York open above $670, prices may climb today to $677, the highest since May, Sin said. A rally to last year's 26-year high of $730.40 can be expected in the last six months this year, Curry of Barclays said.
Silver rose 10 cents, or 0.7 percent, to $13.975 an ounce today. Palladium advanced $2 to $344 an ounce and platinum gained $19.50 to $1,216.50 an ounce.
UPDATE 3-Gold rises above $650/oz, seen bullish in 2007
Tue Feb 6, 2007 11:22 AM GMT135
(Updates with quotes, prices; pvs Singapore)
By Atul Prakash
LONDON, Feb 6 (Reuters) - Gold rose above $650 an ounce on
Tuesday on firmer oil and a slightly weaker dollar, and analysts
said it could jump if it holds onto recent gains a bit longer.
Gold broke the $650-an-ounce mark several times last week but
profit-taking pushed down prices, which have risen about nine
percent since Jan. 5 when it fell to a two-month low.
Spot gold <XAU=> was quoted at $653.40/654.10 an ounce by 1052
GMT, higher than $649.00/649.70 late in New York on Monday, when
it rose about $2 on renewed buying interest from funds.
"The market has been able to consolidate around $650 which should
be a solid base. The general positive feeling for commodities
over the last couple of days and the ongoing dollar weakness are
very supportive for gold," Frederic Panizzutti, Germany-based
analyst at MKS Finance, said.
"We will not be surprised if further inflow of fresh investment
into gold happens over the coming few days. The longer we can
hold the $650, the stronger the base will be."
Oil bounced back above $59 a barrel as the coldest weather of the
U.S. winter was expected to draw down heating oil stocks. Prices
rallied to a one-month peak of $59.95 on Monday after rising 6.5
percent the previous week.
"It will just follow oil," said Peter Tse, a dealer at Scotia
Mocatta in Hong Kong.
Gold is generally seen as a hedge against oil-led inflation and
often moves in the opposite direction of the dollar.
The dollar eased against the euro on Tuesday.
BULLISH TONE
Experts said gold had potential to rally this year.
Natexis Commodity Markets said it remained positive towards the
gold price as the prospects of a weakening of the dollar and a
generally supportive geopolitical backdrop remained in place. It
saw an average gold price of $670 this year and $710 in 2007.
"There is also a tendency for some investors to move part of
their assets into alternative investments such as gold," it said,
adding any decline might be limited.
Japan's leading metals refiner Sumitomo Metal Mining (5713.T:
Quote, NEWS , Research) saw spot gold revisiting $700 an ounce
this year as demand remained strong even after a price rise of
more than 20 percent last year.[ID:nT262317]
Prospects for firm metal prices have lifted physical activity in
the gold market.
South Africa's Harmony Gold (HARJ.J: Quote, Profile , Research)
said it had upgraded its gold resource estimates for its Golpu
gold deposit in Papua New Guinea by 11 percent to 2.96 million
ounces of gold.
Barrick Gold Corp. (ABX.TO: Quote, Profile , Research), the
world's biggest gold miner, said it was on track to meet its gold
production forecasts for 2006. [ID:nL06898489]
The world's biggest platinum producer, Anglo Platinum Ltd
(AMSJ.J: Quote, Profile , Research), plans capital expenditure of
10 billion rand ($1.38 billion) for its expansion programme this
year, parent Anglo American Plc (AAL.L: Quote, Profile ,
Research) said.
Platinum <XPT=> rose to $1,178/1,183 from $1,165/1,170 an ounce,
while palladium <XPD=> was up $1 at $337/342. Silver <XAG=>
increased to $13.61/13.66 an ounce from $13.47/13.52. (Additional
reporting by Lewa Pardomuan in Singapore)
Thanks Loaded Gun
Press Release Source: Unico, Inc.
Unico, Inc. Announces New Metallurgist for Mill and Processing Facility at the Deer Trail Mine
Thursday January 25, 9:10 am ET
SAN DIEGO, CA--(MARKET WIRE)--Jan 25, 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 contracted with Rob Robson, a metallurgist with over 20 years experience in metallurgical work in the mining industry. The focus of Mr. Robson's work will be on the optimization of the design and flow of the floatation circuit for the mill and production facility at the Deer Trail Mine.
Full news release: http://biz.yahoo.com/iw/070125/0207423.html
Wishing A Happy New Year to All!
10 day UCOI Chart w. 50 d moving average
OT: European Central Bank Raises Rates
Thursday December 7, 9:32 am ET
By Matt Moore, AP Business Writer
European Central Bank Raises Its Key Interest Rate to 3.5 Percent
FRANKFURT, Germany (AP) -- The European Central Bank raised its key interest rate a quarter of a percentage point to 3.5 percent on Thursday, but a strong euro suggests the bank could pause after boosting rates six times over the past year.
The Bank of England, meanwhile, held its key lending rate steady at 5 percent.
European Central Bank President Jean-Claude Trichet said that "disorderly" movement by currencies on foreign exchange markets were undesirable, but did not say if the rising euro would pose a threat to monetary policy. Instead, he said that people should let the markets judge the euro's exchange levels.
With the 12-nation euro hovering around 20-month highs against the U.S. dollar, the ECB may feel pressure to back off future increases for fear of seeing the shared currency rise so high it stunts growth in the euro zone, which accounts for nearly 15 percent of the global economy.
Speaking after the bank announced its latest increase, Trichet said the bank will monitor inflation "very closely" in the coming months -- a signal that another increase next month was unlikely.
Brian Dolan, head of currency research at Forex.com, said Trichet's remarks had suggested there may not be any rate increases until February or March of 2007.
After Trichet's comments, the euro was fairly steady against the dollar. In afternoon European trading, the currency stood at $1.3290, up from $1.3285 in New York late Wednesday.
Trichet had all but signaled that the increase from 3.25 percent would come this week after the bank's last meeting in November, saying the Governing Council was using "strong vigilance" in regard to inflation.
All 51 economists surveyed by Dow Jones Newswires ahead of the announcement had expected the increase.
The Bank of England held its key interest rate steady at 5 percent on Thursday, a decision that was widely expected after increases in August and November took rates to the current five-year high.
The ECB started raising rates in December 2005, after the euro-zone's economy started picking up. The recovery has been broadly sustained, with demand for credit still strong in the 12-nation zone that has more than 313 million people.
But with the euro so strong -- about 3 cents off its all-time high of $1.3667 reached in December 2004 -- analysts are split about what the strength of the common currency could mean for rates through 2007.
Saxo Bank analyst Kristian Siggaard-Jensen said Trichet would be careful about predictions.
"Inflation expectations for 2008 are easing off, giving European policy-makers a comfort zone in terms of rate outlook," he said. "The (euro-dollar rate) has ticked up some 4 percent in recent sessions and Trichet does not want to give the market additional reason to buy up more."
Holger Schmieding with Bank of America expected the ECB to leave the rate outlook for early 2007 open, partly because it may not have reached a consensus and partly because it may not want to inflame currency markets.
As the euro rises, it can help curb inflation and ease pressure on the central bank to raise interest rates. But it can also hampers European exporters by making their goods more expensive in crucial foreign markets like the United States.
Higher rates tend to boost a currency, and the bank may feel pressure to back off future increases for fear of seeing the currency rise so high it stunts growth.
Worries over volatile oil and gas prices, an increase next month in Germany's value-added tax and a potential economic slowdown in the U.S. are other concerns the bank will have to juggle.
http://www.ecb.int
UCOI:OB Chart
In my humble opinion, When new shares are issued there's as far as I know a holding period for months before they can be sold on the stock market. If this is still the case someone short selling shares on anticipation that new shares will be on the market would be a naked short seller, as the shares are issued but cannot be borrowed nor delivered. There's a person on this board eager to see new shares issued and out on the market, he's quite excited about it it seems.
UCOI:OB Chart
UCOI Chart
Unico, Inc. Announces New Photo Gallery
http://www.unicomining.com/news/othermedia.php
Unico, Inc. Announces New Photo Gallery Showing Key Equipment Installed as Part of the Reconstruction of the Mill and Processing Facility at the Deer Trail Mine
Wednesday December 6, 9:02 am ET
SAN DIEGO, CA--(MARKET WIRE)--Dec 6, 2006 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that a new picture gallery showing recent reconstruction of the mill and processing facility at the Deer Trail Mine in Marysvale, Utah has been loaded to the company's website. The new photo gallery can be viewed at the "Media" section of the Unico website at http://www.unicomining.com/news/othermedia.php
The new photo gallery is comprised of several sections, each related to construction and the placement of equipment in the main mill building. Several of the pictures show the building of a structure that houses conveyors that run between the feed bins and the ball mill. Another section contains photographs of the completed ball mill and equipment for the mill's floatation circuit, including the Gallagher float cells installed above the ball mill. The Gallagher cells will be primary float cells for the lead and silver circuit. The Denver float cells, which work as cleaner cells to make the lead/silver concentrate a higher grade, can also be seen in place after being installed in the main mill building. One of the conditioner tanks, which is part of the floatation circuit, has been moved into place between the Denver float cells and ball mill.
"The placement of these key pieces of equipment is an important part of the mill reconstruction process, and we are pleased to provide these pictures for our shareholders and others who may be interested in our progress at the Deer Trail Mine," said Mark A. Lopez, chief executive officer of Unico, Inc. "Completion of the mill and processing facility is a high priority, as is regular communication with our stockholders. We look forward to reporting further milestones and providing the media that shows each steps in reconstruction and improvement of the mill site."
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.
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:
http://www.unicomining.com
Finally - you're on the right track here! Many Thanks!
http://www.unicomining.com/news/othermedia.php
Press Release Source: Unico, Inc.
Unico, Inc. Reports Completion of New Building as Part of Reconstruction of the Mill and Processing Facility at the Deer Trail Mine
Tuesday November 21, 8:51 am ET
A New Photo Gallery of Construction Has Been Added to the Company Website
SAN DIEGO, CA--(MARKET WIRE)--Nov 21, 2006 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced additional progress on reconstruction at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. A new building, which will house the thickener tanks and filtration, has been constructed adjacent to the existing mill with the assistance of FMS, Inc., brought in to speed completion of the facility.
FMS, Inc., an independent New York-based construction company, was contracted to expedite completion of the mill and processing facility. Its crew arrived at the Deer Trail Mine site several weeks ago and concentrated much of its efforts on the new 50 by 100 foot building adjacent to the existing mill facility. FMS worked to complete the foundation, cement footings, the steel frame, insulation, siding, doors, roof, and all other aspects of the structure.
A new photo gallery showing the recent construction work has been added to the "Media" section Unico website at www.unicomining.com/news/othermedia.php. The pictures in the new gallery show the work completed by FMS, in conjunction with employees of Unico's wholly owned subsidiary, Deer Trail Mining Company, LLC, on the new building and the annex added to the top of the structure.
With the construction on the new building and other major buildings at the site complete, FMS concluded its work and left the Deer Trail property on November 19, 2006. Unico may contract with FMS for additional future construction work associated with its subsidiary mine properties, as needed.
"The work of FMS, Inc. was exemplary, and with its assistance, we were able to make significant progress toward the completion of construction at the Deer Trail mill and processing facility," said Mark A. Lopez, chief executive officer of Unico, Inc. "We are pleased to have this critical aspect of our reconstruction efforts completed, and we will continue to push forward on the remaining work, so that the facility will be operating as soon as possible.
"We expect to have additional information and media to share within the coming week that will provide new details on the progress at the facility and allow Unico shareholders to see additional photographs from the Deer Trail site," Mr. Lopez added.
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.
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 for Unico, Inc.
A. Beyer
951-587-8072
Email Contact
http://www.unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
Email Contact
http://www.otcfn.com/uncn
Source: Unico, Inc.
http://www.unicomining.com/news/othermedia.php
Press Release Source: Unico, Inc.
Unico, Inc. Reports Completion of New Building as Part of Reconstruction of the Mill and Processing Facility at the Deer Trail Mine
Tuesday November 21, 8:51 am ET
A New Photo Gallery of Construction Has Been Added to the Company Website
SAN DIEGO, CA--(MARKET WIRE)--Nov 21, 2006 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced additional progress on reconstruction at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. A new building, which will house the thickener tanks and filtration, has been constructed adjacent to the existing mill with the assistance of FMS, Inc., brought in to speed completion of the facility.
FMS, Inc., an independent New York-based construction company, was contracted to expedite completion of the mill and processing facility. Its crew arrived at the Deer Trail Mine site several weeks ago and concentrated much of its efforts on the new 50 by 100 foot building adjacent to the existing mill facility. FMS worked to complete the foundation, cement footings, the steel frame, insulation, siding, doors, roof, and all other aspects of the structure.
A new photo gallery showing the recent construction work has been added to the "Media" section Unico website at www.unicomining.com/news/othermedia.php. The pictures in the new gallery show the work completed by FMS, in conjunction with employees of Unico's wholly owned subsidiary, Deer Trail Mining Company, LLC, on the new building and the annex added to the top of the structure.
With the construction on the new building and other major buildings at the site complete, FMS concluded its work and left the Deer Trail property on November 19, 2006. Unico may contract with FMS for additional future construction work associated with its subsidiary mine properties, as needed.
"The work of FMS, Inc. was exemplary, and with its assistance, we were able to make significant progress toward the completion of construction at the Deer Trail mill and processing facility," said Mark A. Lopez, chief executive officer of Unico, Inc. "We are pleased to have this critical aspect of our reconstruction efforts completed, and we will continue to push forward on the remaining work, so that the facility will be operating as soon as possible.
"We expect to have additional information and media to share within the coming week that will provide new details on the progress at the facility and allow Unico shareholders to see additional photographs from the Deer Trail site," Mr. Lopez added.
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.
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 for Unico, Inc.
A. Beyer
951-587-8072
Email Contact
http://www.unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
Email Contact
http://www.otcfn.com/uncn
Source: Unico, Inc.
OT: Am I wrong or are there nss's in those cars?
OT: Global 1 Investments Addresses Several Frequently Asked Questions Regarding Failure to Deliver and Short Squeeze Questions with Investors Newsletter
Global 1 Investment Holdings Corp. (OTCBB: GOIH), Traders Nation, www.tradersnation.com/sssu.shtml, changes name to Global 1 Investment Holdings Corporation to reflect our new business model. Our IR site www.global1inc.com is active today, see our investors newsletter, Investors Newsletter: 11-15-06.
Short Positions and Failure to Delivery of Shares:
We have been informed that certain brokers are informing shareholders GOIH has not delivered shares to the transfer agent and the transfer agent has not delivered shares to the DTC. This information is not correct.
GOIH is not required to deliver any shares to the DTC nor is the transfer agent required to deliver any shares to the DTC or to your broker. The shares of SSSU automatically converted into shares of GOIH upon beginning of trading on November 13, 2006. See link NASDAQ symbol change verification from SSSU to GOIH.
We believe if your broker is telling you the above statement, your broker sold you shares and the shares were never delivered by the seller of the shares and your broker does not have your shares, and cannot get shares now that the name, CUISP number and symbol has been changed. Online Naked Short Selling Seminar.
Failure to Deliver of Shares:
Your broker will be forced to go into the market and purchase the shares at the current market price and then deposit the purchased shares into your account.
Your broker will attempt to delay this process as long as possible and will attempt to drive the price of GOIH down to purchase the shares as cheaply as possible before crediting your account. Your broker is now in a failure to deliver position and cannot deliver your shares. See our newsletter for more information, Investors Newsletter: 11-15-06.
REG. E Funds:
We have been informed we will receive our audit for our Reg. E Funds and we can officially launch the Funds to raise $10,000,000.00. We will immediately implement our new business model and initiate the dividend and share support strategy.
About Global 1 Investments:
We have officially converted SSSU to Global 1 Investment Holdings Corporation and received a new trading symbol GOIH. Our new business focus will be a diversified financial services conglomerate. Our business model is based on Berkshire Hathaway (NYSE: BRK.A), Sears Holdings (NASDAQ: SHLD), the investment bank of Goldman Sachs (NYSE: GS) and the entertainment unit of Time Warner (NYSE: TWX).
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on Global 1 behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
Global 1 Holdings, Atlanta
Barry Thomas, 404-255-0400
Investor_Relations@mindspring.com
Source: Business Wire (November 15, 2006 - 10:40 AM EST)
News by QuoteMedia
www.quotemedia.com
RE: Dusting off the 300 Winchester Mag.
The 300WSM is not bad either, it's a SHORT action that gives big bang for the "BUCK".
Cheers
Unico, Inc. Announces Final Report on New Electrical Substation for the Deer Trail Mine
Thursday November 9, 9:05 am ET
SAN DIEGO, CA--(MARKET WIRE)--Nov 9, 2006 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that electricity producer PacifiCorp (www.pacificorp.com), has completed its study of the requirements for the mill and processing facility at the Deer Trail Mine in Marysvale, Utah and has approved a plan to supply the electricity to the facility.
PacifiCorp, which operates in the state of Utah as Rocky Mountain Power, conducted the feasibility study through an agreement with Unico's wholly owned subsidiary, Deer Trail Mining Company, LLC. Rocky Mountain Power has determined that it can supply up to 2.5 megawatts of power, well beyond the estimated 1.5 megawatts needed to run the mill and processing facility. 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.
"The conclusions reached in this report are excellent news for Unico, as it will ensure that the Deer Trail mill and processing facility will have the power it needs to operate in the near term, and we expect that Deer Trail Mining Company, LLC will incur significantly reduced power costs as a result of the new substation," said Mark A. Lopez, chief executive officer of Unico, Inc. "Now that PacifiCorp, working in conjunction with BNA Consulting, which provides electrical consulting services to Deer Trail Mining Company, has completed its study, we anticipate that procurement and construction on the substation will proceed in a relatively short timeframe and be operational by the time the mill and processing facility is complete.
"Receiving a final report on the plan to supply electricity to the Deer Trail Mine is an important step, and we look forward to the construction of the new substation and completing the connections necessary to power the mill and processing facility," added Mr. Lopez.
Unico is engaged in reconstruction of the mill and processing facility to improve both efficiency and capacity in processing operations at the Deer Trail Mine. The design and completion of a new electrical substation at the Deer Trail Mine is expected to provide substantial cost savings, specifically as it relates to the operation of the mill and processing facility, as a result of lower energy costs and greater reliability.
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.
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 for Unico, Inc.
A. Beyer
951-587-8072
Email Contact
http://www.unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
Email Contact
http://www.otcfn.com/uncn
Source: Unico, Inc.
http://www.investorshub.com/boards/board.asp?board_id=6582
Unico, Inc. Announces Final Report on New Electrical Substation for the Deer Trail Mine
Thursday November 9, 9:05 am ET
SAN DIEGO, CA--(MARKET WIRE)--Nov 9, 2006 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that electricity producer PacifiCorp (www.pacificorp.com), has completed its study of the requirements for the mill and processing facility at the Deer Trail Mine in Marysvale, Utah and has approved a plan to supply the electricity to the facility.
PacifiCorp, which operates in the state of Utah as Rocky Mountain Power, conducted the feasibility study through an agreement with Unico's wholly owned subsidiary, Deer Trail Mining Company, LLC. Rocky Mountain Power has determined that it can supply up to 2.5 megawatts of power, well beyond the estimated 1.5 megawatts needed to run the mill and processing facility. 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.
"The conclusions reached in this report are excellent news for Unico, as it will ensure that the Deer Trail mill and processing facility will have the power it needs to operate in the near term, and we expect that Deer Trail Mining Company, LLC will incur significantly reduced power costs as a result of the new substation," said Mark A. Lopez, chief executive officer of Unico, Inc. "Now that PacifiCorp, working in conjunction with BNA Consulting, which provides electrical consulting services to Deer Trail Mining Company, has completed its study, we anticipate that procurement and construction on the substation will proceed in a relatively short timeframe and be operational by the time the mill and processing facility is complete.
"Receiving a final report on the plan to supply electricity to the Deer Trail Mine is an important step, and we look forward to the construction of the new substation and completing the connections necessary to power the mill and processing facility," added Mr. Lopez.
Unico is engaged in reconstruction of the mill and processing facility to improve both efficiency and capacity in processing operations at the Deer Trail Mine. The design and completion of a new electrical substation at the Deer Trail Mine is expected to provide substantial cost savings, specifically as it relates to the operation of the mill and processing facility, as a result of lower energy costs and greater reliability.
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.
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 for Unico, Inc.
A. Beyer
951-587-8072
Email Contact
http://www.unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
Email Contact
http://www.otcfn.com/uncn
Source: Unico, Inc.
http://www.investorshub.com/boards/board.asp?board_id=6582
Press Release Source: Unico, Inc.
Unico, Inc. Announces Final Report on New Electrical Substation for the Deer Trail Mine
Thursday November 9, 9:05 am ET
SAN DIEGO, CA--(MARKET WIRE)--Nov 9, 2006 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that electricity producer PacifiCorp (www.pacificorp.com), has completed its study of the requirements for the mill and processing facility at the Deer Trail Mine in Marysvale, Utah and has approved a plan to supply the electricity to the facility.
PacifiCorp, which operates in the state of Utah as Rocky Mountain Power, conducted the feasibility study through an agreement with Unico's wholly owned subsidiary, Deer Trail Mining Company, LLC. Rocky Mountain Power has determined that it can supply up to 2.5 megawatts of power, well beyond the estimated 1.5 megawatts needed to run the mill and processing facility. 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.
"The conclusions reached in this report are excellent news for Unico, as it will ensure that the Deer Trail mill and processing facility will have the power it needs to operate in the near term, and we expect that Deer Trail Mining Company, LLC will incur significantly reduced power costs as a result of the new substation," said Mark A. Lopez, chief executive officer of Unico, Inc. "Now that PacifiCorp, working in conjunction with BNA Consulting, which provides electrical consulting services to Deer Trail Mining Company, has completed its study, we anticipate that procurement and construction on the substation will proceed in a relatively short timeframe and be operational by the time the mill and processing facility is complete.
"Receiving a final report on the plan to supply electricity to the Deer Trail Mine is an important step, and we look forward to the construction of the new substation and completing the connections necessary to power the mill and processing facility," added Mr. Lopez.
Unico is engaged in reconstruction of the mill and processing facility to improve both efficiency and capacity in processing operations at the Deer Trail Mine. The design and completion of a new electrical substation at the Deer Trail Mine is expected to provide substantial cost savings, specifically as it relates to the operation of the mill and processing facility, as a result of lower energy costs and greater reliability.
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.
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 for Unico, Inc.
A. Beyer
951-587-8072
Email Contact
http://www.unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
Email Contact
http://www.otcfn.com/uncn
Source: Unico, Inc.
Gold Rises in London as Inflation May Spur Investment Demand
By Claudia Carpenter
Nov. 9 -- Gold rose in London on speculation rising raw-material costs may renew investor demand for the metal as a hedge against inflation.
The 24-member Goldman Sachs Commodity Index has increased 3.4 percent this month, and copper, crude oil, coffee and sugar extended gains today. The pound and euro rose against the dollar today on forecasts for higher interest rates in Europe to curb escalating prices.
``Inflationary pressures will be supportive for gold'' into next year, said Martin Squires, an analyst at JPMorgan Chase & Co. in London. ``Gold has put in its low for now.''
Gold for immediate delivery rose $2.30, or 0.4 percent, to $618.10 an ounce at 10:05 a.m. in London. The price dropped 1.4 percent yesterday, the biggest decline in two weeks.
U.K. home prices rose 1.7 percent last month, the most since April, mortgage lender HBOS Plc said today in a statement. The Bank of England is set to raise its benchmark interest rate a quarter point to 5 percent today, according to economists surveyed by Bloomberg News. The bank's decision is due at noon.
Investor demand for gold through funds listed in New York, London, Melbourne and Johannesburg climbed today to 16.68 million ounces from 16.5 million ounces yesterday, according to the Exchange Traded Gold Web site. The funds allow investors to buy gold through a stock without purchasing the metal or futures contracts. Every new share bought requires the fund to purchase gold in the open market and deposit the bullion in vaults of banks such as HSBC Holdings Plc, JPMorgan Chase and Bank of Nova Scotia.
``We certainly have seen for the last couple of days a lot of interest in the products,'' said Owen Rees, a marketing adviser to the Lyxor Gold Bullion Securities fund listed on the London Stock Exchange.
Gold in the Lyxor fund has climbed 14 percent since the beginning of October, compared with 5 percent growth in the biggest gold fund, StreetTracks Gold Trust traded on the New York Stock Exchange, figures from Exchange Traded Gold show. About 18 percent of the London stock is owned by French investors, Rees said.
Silver gained 1 cent to $12.55 an ounce in London. Platinum rose $8 to $1,165.50, and palladium was down $2.50 at $325.50.
Re: subscribe to the theory of a naked short, but I really cannot see it
Canada's TD Ameritrade is only one tool in the filthy game of shorting United States, how many are involved is anyones guess ?
http://www.subpennyradio.com/interviews/
http://www.subpennyradio.com/interviews/drvbys/060804-TDA-restricted.mp3
NEWS: Unico, Inc. Announces $1 Million Payment
Press Release Source: Unico, Inc.
Unico, Inc. Announces $1 Million Payment and Extension of Deer Trail Mine Lease and Option to Purchase With Crown Mines, LLC
Monday November 6, 8:59 am ET
SAN DIEGO, CA--(MARKET WIRE)--Nov 6, 2006 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced an agreement with Crown Mines, LLC to extend the lease and purchase option of Deer Trail Mine for its wholly owned subsidiary, Deer Trail Mining Company, LLC, which includes a $1 million payment that will be applied to the total purchase price.
Under terms of the modified lease and option to purchase agreement, the payment due date for the remaining $2,000,000 to purchase the lease of the Deer Trail Mine has been extended to January 31, 2007 from its November 1, 2006 due date. 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, and a second modification of mining lease and option to purchase, dated April 21, 2006. In early September 2004, Unico also made a payment of $1,000,000 to Crown Mines that was applied toward the $4,000,000 purchase price of the Deer Trail Lease.
In the months since Unico entered into the second modified lease agreement, the company has focused significant time, effort and resources on the development of long-term value for shareholders at the Deer Trail Mine. Included in its achievements during this period is the ongoing reconstruction and improvements of the mill and processing facility. Significant improvements have been made that are expected to improve both efficiency and capacity in processing operations at the Deer Trail Mine. Concurrently, Deer Trail Mining Company has strategically contracted with mining consultancy firm Behre Dolbear and Company (USA), Inc. to oversee independent geological logging and analysis of samples taken from the underground diamond core drilling program conducted at the Deer Trail Mine in 2005.
"We are pleased to reach an agreement with Crown Mines to extend the lease and option to purchase for the Deer Trail Mine, so that we can secure this property as a long-term asset for the company," said Mark A. Lopez, chief executive officer of Unico, Inc. "There has been consistent progress in developing value from our operations at the Deer Trail, and we look forward to reaching even more significant milestones in the next several months with the anticipated completion of the mill and the Final Summary Report expected from Behre Dolbear on the core samples from the underground diamond core drilling program."
"The continued support of Crown Mines has been extremely helpful through the modifications of our lease and option to purchase agreement, and we expect to exercise the purchase option by the deadline established in this agreement," added Mr. Lopez.
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.
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 for Unico, Inc.
A. Beyer
951-587-8072
Email Contact
http://www.unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
Email Contact
http://www.otcfn.com/uncn
Source: Unico, Inc.
RE: shareholders fancy dress party
It's not a bad idea. I might try this corn-cob outfit unless it's already taken by GOLDENBOLLOX ?
Have a good weekend everybody
Gold looks to extend gains, trades at two-month high
GOLD $623/Oz +$6.70/Oz
METALS STOCKS
Gold looks to extend gains, trades at two-month high
By Myra P. Saefong, MarketWatch
Last Update: 10:10 AM ET Nov 2, 2006
SAN FRANCISCO (MarketWatch) -- Gold futures climbed Thursday to their highest level in nearly two months, on the heels of a 2% gain in the previous session as weak U.S. economic data pushed the dollar lower against major currencies, spurring investment demand in gold.
Gold for December delivery was up $4 at $623.30 an ounce on the New York Mercantile Exchange after trading as high as $624.80, the contract's strongest intraday level since Sept. 7. Prices climbed $12.50, or 2.1%, on Wednesday.
Gold's close Wednesday "above the 100 & 200-day [moving average] and clearance of the $608-$612 chart congestion leaves the metal well placed for further gains with upside resistance pegged at $625 and potentially $645," said James Moore, an analyst at TheBullionDesk.com
RE: A picture describes a thousand words.
LOL
Market update
Press Release Source: Unico, Inc.
Unico, Inc. Reports Additional Reconstruction of the Mill and Processing Facility at the Deer Trail Mine
Wednesday November 1, 9:00 am ET
SAN DIEGO, CA--(MARKET WIRE)--Nov 1, 2006 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced additional progress on reconstruction at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah.
A new photo gallery showing the recent construction has been added to the "Media" section Unico website at www.unicomining.com/news/othermedia.php. Among the pictures added to the new reconstruction photo gallery are several that show placement and assembly of equipment at the facility, construction of a new building that will house the thickener tanks and filtration, surveying of the existing tailings pond, and installation of electric and control panels for the facility.
Jean Duvall, the millwright contracted to inspect the ball mill and supervise improvements, is on site to oversee the parts installation and completion of the ball mill. New rubber ball mill liners, which replaced the worn-out steel liners, were fabricated, delivered to the site and will be installed by representatives from Weir Minerals North America Rubber Engineering (www.weirminerals.com) who are also now on site at the Deer Trail property. Rubber liners tend to last two to three times longer than steel liners and will provide several additional advantages, including an expected 15% reduction of the company's electric bill and allow the ball-mill to run much more quietly, enhancing mill communications and the environment.
The screening of stockpiled material at the upper Deer Trail Mine is continuing, and the screened material is being moved to the mill in preparation for further processing. The stockpiled material comes from approximately 20,000 tons of material, which was mined over several decades in the first half of the 20th century. In total, the company has identified approximately 80,000 tons of material from this area, which it plans to screen and process at the Deer Trail mill facility. Historically, the material mined in this area has contained economical values of both gold and silver.
Both the screening operations and 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 the stockpiles of material on site and start producing concentrates to sell in fulfillment of a five-year purchase contract with PGM, LLC, a private subsidiary of Polymet Corporation.
"The upgrades being made to the mill and processing facility at the Deer Trail Mine are expected to improve the facility's efficiency and performance by removing outdated equipment and parts and replacing them with technologically superior ones," stated Mark A. Lopez, chief executive officer of Unico, Inc. "We are pleased with the reconstruction efforts thus far and are looking forward to the completion of the mill facility and establishing revenues from its operation."
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.
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 for Unico, Inc.
A. Beyer
951-587-8072
Email Contact
http://www.unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
Email Contact
http://www.otcfn.com/uncn
Source: Unico, Inc.
F-A why so defensive? You're wrong again by saying you haven't been proven wrong.
You were wrong about double counted volume on otcbb.
Why don't you explain to this board why you posted incorrect information, or at least admit that you were wrong? That's what honest people do.
In my humble opinion I think you're here to play things down on behalf of a nss, maybe td ameritrade? I could be wrong of course.
And again, why so defensive? What's your secret?
GOLD $614.10/Oz. +$10.00/Oz.
WORTH REPEATING
TO THE BOARD - READ CAREFULLY
You are all probably a bit fed up with me posting volume data and I am sure somebody will reply with some crap like "you don't know how the market works" or "the otcbb volume is double counted" or "its day traders". Well I will pre-empt that by saying one thing "BS".
Outstanding Shares as at 12th Oct 2006 182,411,108
Date of next fairness hearing 25th Oct 2006
Volume Traded between 12th & 25th 161,998,289
Total of longs & insiders 12,084,312
Estimated additional longs 67,913,833
Grand Total 241,996,434
So thats nearly 60 million shares traded over what I consider were available (my figures are conservative)during a TEN trading day period.
I then compared Unico to a Company with a similar float during the same period (12th to 25th Oct) the volume was 6,513,788 or 155 million less.
I present this information neither to pump or to bash - I have made my mind up what is going on and I will leave you to decide what you think.
I do not blame the Company or their method of financing for the sharp decline in the share price, I believe that its out of their hands and they are under attack.
I would respectfully request that anybody posting on this board bears this in mind before launching into a tirade of negativity.
Good Luck To All - Happy Halloween.
G
FinancialAdvisor your bold statements have been proven wrong. I want to think you're a nss the way you throw things out on this board. Just my humble opinion.
NYBob I wouldn't be surprised if Unico UCOI:OTC BB by now is held let's say 20 times over by long shareholders. Even if only 10 times, how is/are the nss going to cover the illegal short position?
Watch Out, They Bite!
HOW HEDGE FUNDS TIED TO EMBATTLED BROKER REFCO USED "NAKED SHORT SELLING" TO PLUNDER SMALL COMPANIES
http://www.time.com/time/insidebiz/article/0,9171,1126706,00.html
stocktrader I wouldn't be surprised if Unico UCOI:OTC BB by now is held let's say 20 times over by long shareholders. Even if only 10 times, how is/are the nss going to cover the illegal short position?
Watch Out, They Bite!
HOW HEDGE FUNDS TIED TO EMBATTLED BROKER REFCO USED "NAKED SHORT SELLING" TO PLUNDER SMALL COMPANIES
http://www.time.com/time/insidebiz/article/0,9171,1126706,00.html
stocktrader I wouldn't be surprised if Unico UCOI:OTC BB by now is held let's say 20 times over by long shareholders. Even if only 10 times, how is/are the nss going to cover the illegal short position?
Watch Out, They Bite!
HOW HEDGE FUNDS TIED TO EMBATTLED BROKER REFCO USED "NAKED SHORT SELLING" TO PLUNDER SMALL COMPANIES
http://www.time.com/time/insidebiz/article/0,9171,1126706,00.html