UNICO INCORPORATED (AZ) (fka UNCO)

[spydrwb]

Flake Madsen was promoted to project mgr and given an executive position with UNCO. His only qualification for both is he's Ray Brown's grandson-in-law. I wonder in all his years reconstructing the mill it has sunk in that the mill is useless without any ore to feed it. There is plenty of low grade material on the surface at the Deer Trail that could be run through that mill to at least prove it works, I mean isn't the purpose of mill is to up-grade low grade material to shipping grade?

All academic at this point since there is nothing proven of any size to process anyways.

It has been said on this board many times buildng a mill does not prove one ounce of ore.

Spending millions reconstructing a mill that was never economically justified. That's Unico management's due diligence process.