Replies to post #16942 on UNICO INCORPORATED (AZ) (fka UNCO)

[mdb1]

This is what I think will happen. But who knows. Unico is under Govt control for another 3 years. Once DT is sold to Western, Unico will have revenue on its books. It will relist on OTC (under Govt control). Unico will pay some of it creditors.

Unico will start limited mining operations on Silver Bells (maybe with 6 people). Maybe even ship the ore to RYMM (RYMM did finally get silver processing to work) or some other refiner. They could have someonelse heap leach it (couple of existing mining ops in Utah). I think the local heap leaching is the better solution, where they pay by sharing say 8% of revenue.

Anyway should know soon, as Western Pacific is anxious to start operations at Deer Trail.

If Deer Trail was almost profitable when gold was at @ $260s and silver in the $6s, then surely it is profitable with gold @ $1500s and silver @ $23.

Unico could have made shareholders lots of money, but it decided to cheat them instead.