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ronning999

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ronning999

Re: eagle_eyes post# 15499

Tuesday, 01/26/2010 3:30:06 PM

Tuesday, January 26, 2010 3:30:06 PM

Post# of 17016
eagle_eyes...

No tailings pond.... no milling,.... no mining.... no revenues!!!

Courtesy of orowheat111...

"The DWQ (Division of Water Quality) for the State of Utah does NOT have permit on file for a tailings impoundment for Deer Trail Mine or Piute County, at least not on their website. Red Flag!

No mineral resources have ever been defined from the underground or surface drilling programs. No one is mining at the Deer Trail. UNCO can't operatre the mill without a tailings impoundment.

No reserves = no money. NO money to establish reserves but can't raise money without reserves. Seems UNCO has wasted millions of dollars promoting a milling facility instead of proving up the main asset (the minerals)."


Stick with real mining companies, NG, SSRI, KGC, GG, SLW (not penny stocks)
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