Replies to post #5084 on UNICO INCORPORATED (AZ) (fka UNCO)

[ronning999]

golden8,

The issue is you made a statement that was totally untrue when you said they stopped mining because of low metal prices. As I previously pointed out that was NOT the case as gold was $390-$600 in 1981 - equivalent to approx. $1200-$1800 today.

By Unico's own statement they stopped mining because of a lack of "mill and smelter recipients."

Metal prices were a lot higher then than today in terms of constant dollars, so if this 'ore' was so valuable they would have had no trouble in finding someone to handle it.

One can only deduce that the 'ore' is NOT as valuable as everyone here thinks it is. Also, the assays from the Phase I and II drills prove this statement to be accurate.

Then on top of this, you had the audacity to call me uneducated and posting inaccurate information when it was in fact you posting inaccurate information.