UNICO INCORPORATED (AZ) (fka UNCO)

[Hilander]

I am a long investor talking to other long investors. Unico has been increasing the number of outstanding shares on an as needed basis for the past 2 years. They have been raising money to fund the construction improvements at Deer Trail Mine/Mill. The dilution will not stop until the mill opens for production and they have enough money to cover operating costs. The only challenge I see currently is, IF production does not begin before they get snowed in, then we will have to wait another year for production to begin. Personally, I think these guys want the mill to start as bad as we do. They are fighting against the clock and the weather.

This is my opinion and educated guess, as I have been watching this stock for 27 months.

Am still holding long!