UNICO INCORPORATED (AZ) (fka UNCO)

[MScarb]

I have invested in many mining shares over the years. Many of these were developmental companies. UNCN says is has 1.7 billion worth of metals in the ground. If this resourse is a proven reserve, the share price will almost certainly go up. Typically. developmental companies are valued at 10% of proven assets in the ground. This would give UNCN a current value of 170 million. With approximately 50 million shares outstanding, this would give the companies a $3.40 price. I'm not a pumper or dumper or a basher or dasher or whatever. I'm simply a investor who hopes to make a lot more than I invested. Most of the posts on this board are not worth reading. You can usually tell this when some uneducated idiot is pumping the stock, as well as when someone is bashing it. Do your own DD.