Replies to post #11387 on UNICO INCORPORATED (AZ) (fka UNCO)

[ronning999]

CoolD,

They need $250,000 to buy a new crusher to complete the mill circuit.

Date???? Not anytime soon!!!

Besides, Unico does NOT have a contract with a smelter to sell the 'concentrates' to.

[DERBENSKI]

CoolD

Unico has failed to date to present an economic case for processing anything. My guess is that they do not have one yet.

They do say they need something like 1.5 million for operations in the next 90 days. I think that is not including the crusher. They are suggesting something like 3.5 million for the year and I am not feeling any revenue coming into the picture based on that.

Read the Proxy info and see what you can conclude from thier statements.

Derb