UNCO - Unico, Inc. Metals Mining

24,854,980 volume.... who is buying this and any reason why?

UNCO

Im new was wondering what some of you thought about this company.


Unico Incorporated, through its subsidiaries, engages in the exploration, development, and production of gold, silver, lead, zinc, and copper concentrates. The company owns interests in Deer Trail mine, the PTH Tunnel, and the Carisa and Lucky Boy mines, which covers 28 patented claims, 5 patented mill sites, and 171 unpatented claims located in Marysvale, Utah. It also holds interests in Silver Bell mine that consists of 26 patented mining claims located in American Fork Canyon, Utah County in Utah; and an option to purchase mining claims in Bromide Basin mine containing approximately 400 acres in the Henry Mountain Mining district, located in Garfield County, Utah. The company, formerly known as I.I. Incorporated, was founded in 1966 and is based in San Diego, California.

SAN DIEGO, CA--(MARKET WIRE)--Feb 17, 2009 -- Unico, Incorporated (OTC BB:UNCO.OB - News), a natural resource company in the precious metals mining sector, today announced that, in the wake of recent interest in tellurium (Te) content at the company's Deer Trail Mine in Marysvale, Utah, the company has conducted in-house evaluation of geochemical data from a previous underground exploration program at the mine. Additional test work is expected to be conducted on methods for the extraction of tellurium directly from the concentrates for marketing directly to end users.

Unico recently announced interest expressed in the levels of tellurium, an extremely rare element, discovered at the Deer Trail Mine. Tellurium, which is used in metal alloys and as a semi-conductor, has experienced increased demand in recent years in applications including optical discs, memory chips and solar panels.

The geochemical and assay data analyzed was from an exploration program conducted from 1981-1983 and included eight diamond drill holes in the Lower (New) Deer Trail Mine.

The investigation of the previous geochemical and assay data included conversion of logs to the stratigraphic framework developed by Behre Dolbear in 2007 for the Pennsylvanian Callville Formation that hosts the mine. Behre Dolbear was contracted by Unico to perform geological analysis and evaluation at the Deer Trail Mine using both historical data and data gathered from a 2005 underground diamond core drilling program conducted at the mine.

Deer Trail's study of the 1981-1983 drill hole data indicates that seven intervals ranging from 2.0 to 3.3 feet thick (uncorrected) exceed 100 ppm (parts per million) tellurium. Four of the preceding are associated with stratabound base and precious metal intercepts and range from 120 to 500 ppm Te over intervals of 2.0 to 3.3 feet (uncorrected). Additionally, a 6.0 foot intercept in the Wet Fissure, which is a low-grade discordant feeder structure, exceeded the 2,000 ppm limits of detection for tellurium.

"The initial analysis of historical information from the Deer Trail Mine indicates that additional geological study and assay work is warranted," said Mark A. Lopez, chief executive officer of Unico, Inc. "As we continue our study of the tellurium potential at the Deer Trail Mine through in-house and independent resources, we will also explore all potential commercial applications for its uses."

The presence of tellurium at the Deer Trail Mine has been discovered during comprehensive analysis of concentrates at the Deer Trail mill and processing facility. Unico has announced the production of concentrates at the Deer Trail mill, and photo galleries showing activities at the facility can be viewed at the Unico website, www.unicomining.com.

Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when newsletters are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.

Bump to reflect symbol change...

scam..?? or

Running hard today. Jumped in after seeing CEO had bought 8.9 million shares this month alone.

Bought @ 0053 and now at 013

This 1 is going much higher .10+ target

Still holding?

It is having a nice week.

I was watching this one all day too. lol

what do you guys think this might see? i got in it last week, small amount.

Explain this news you might have the answer.

It cause the big spike on Thursday. I am not sure what to make out of it myself.

Unico, Inc. Releases July 2009 Investor Newsletter Highlighting Shipments of Concentrate Samples From the Deer Trail Mine for Alternative Processing of Gold and Silver Market Wire ***"US Press Releases "
SAN DIEGO, CA -- (MARKET WIRE) -- 07/08/09 -- Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today released the July 2009 edition of the company's investor newsletter, which highlights the shipment of samples of material, including large bulk samples of flotation concentrate produced at the Deer Trail mill facility in Marysvale, Utah , to Royal Mines And Minerals Corporation for testing of Royal Mines' proprietary technology for the lixiviation of precious metals.

A PDF version of the July 2009 newsletter has been added to the company's website at
http://www.unicomining.com./news/newsletters.php, and an email notification of the newsletter's release will be sent to subscribers to Unico's electronic mailing list.

The shipments to Royal Mines And Minerals reported in the newsletter included a one ton sample of sulfide floatation concentrate processed at the Deer Trail mill facility. The one ton bulk concentrate sample was homogenized and a representative 250 pound sample was taken. The representative sample was fire assayed for its gold and silver content. The results of the fire assay showed an unexpected increase in both the gold and silver content as compared to previous assay results on the Deer Trail concentrate conducted by an independent outside laboratory. The previous results, which announced by Unico on February 25, 2009 , were conducted by fire assay and had yielded 0.43 oz/ton gold (Au) and 71 oz/ton silver (Ag). The new fire assay results showed an increase of 30% in the silver content and 50% in the gold content. A preview of the results from additional sample testing after processing by Royal Mines And Minerals showed a very encouraging rate of recovery, with combined recoveries over 90% achieved for the silver and gold content contained within the concentrates.

The newsletter also reports the acquisition of Unico common stock by members of company management, including Chairman Ray C. Brown . After acquisitions of over 3,200,000 shares, 1,838,235 shares and 1,388,889 shares, as well as the gifting of over 1,100,000 shares, Mr. Brown owns 8,559,676 shares of Unico common stock as of his most recent Form 4 Statement of Change in Beneficial Ownership of Securities filing with the Securities and Exchange Commission .

C. Wayne Hartle , who serves both on the Board and holds the position of Corporate Secretary, acquired approximately 4 million additional shares of common stock and was gifted another 735,294 shares by Mr. Brown, bringing his total share ownership to 6,050,308

"There continues to be a high level of activity for Unico, Inc. and its Deer Trail Mining Company subsidiary, and we look forward to bringing out additional information related to the events discussed in this newsletter, as well as new initiatives undertaken by the company, in the coming weeks," stated Mark A. Lopez , chief executive officer of Unico, Inc.

Unico, Inc. Announces the Acquisition of Additional Equipment to Expedite Processing of Precious Metals Concentrate at the Deer Trail Mine Market Wire ***"US Press Releases "
SAN DIEGO, CA -- (MARKET WIRE) -- 07/10/09 -- Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today announced the acquisition of equipment that will be added to the current flotation circuit of the mill and processing facility at the Deer Trail Mine in Marysvale, Utah . The purpose of the additions is to expedite filtration of concentrate at the facility and produce a higher grade precious metals concentrate.

The equipment received from Royal Mines And Minerals included a 1-ton per hour ball mill that will be used in an additional regrinding circuit. The regrinding circuit will help to produce an easier mineral separation and ultimately a higher precious metal concentrate. This ball mill may also be used to process small allotments of higher gold grade material from the Upper Deer Trail Mine .

The Deer Trail facility also received a 30-inch by 12-foot Eimco Belt Extractor Filter, which will be used to expedite the filtration of the flotation concentrate. With the mill capable of producing close to 1 ton of concentrate per hour, the current filter at the facility was insufficient to handle the rate at which the concentrate is being produced. As a result concentrate had to be stored in tanks until it could be filtered. Also received were a Nash Vacuum Pump and two vacuum receivers, both for use with the Eimco Filter.

Unico, Inc. recently announced that it was pursuing alternative processing methods for the extraction of silver and gold from concentrate at the Deer Trail Mine . The purpose of this initiative is to develop the most economical process and achieve the highest recovery of precious metals possible from material produced at the site.

In furtherance of this strategy, Unico, Inc. has developed a relationship with Royal Mines And Minerals Corporation , which has developed certain proprietary technologies for the recovery of precious metals from concentrate. Unico, Inc. has shipped several samples of material, including large bulk samples of flotation concentrate produced at the Deer Trail mill facility, to Royal Mines' processing facility in Phoenix, Arizona , where Royal Mines' proprietary technology for the lixiviation of precious metals were tested on the Deer Trail samples.

Due to positive results, Unico and Royal Mines are pursuing opportunities to work together for the mutual benefit of the two companies. This may include additional shipments of material from the Deer Trail site to Royal Mines' Phoenix processing facility.

"The acquisition of this equipment from Royal Mines And Minerals Corporation is another very positive step in the bourgeoning relationship between our two companies," stated Mark A. Lopez , chief executive officer of Unico, Inc. "There is a clear benefit to having the ability to process material at a faster rate as well as to produce a higher grade of precious metals concentrate. We expect there to be additional progress related to our Deer Trail Mine project in the near term, and we look forward to announcing those events as they occur."

Shareholders who would like to sign up to receive information by email directly from Unico, Inc. , including when newsletters are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.

Yo Eddie Potato your on the ball here...


I hope this was a good choose.... I realy like UNCO a lot I hope this news makes it go....



Waht you think ??

watching the level 2's right now and the bid has been steady rising since open this morning and looking at the chart there seems to be support at this level so imo this stock could move from here, but i am new at this so i'm still learning how these things operate...

Well it seems you know what your doing.... I got in on the fact taht no one touched thsi and volume is low. I wonder if people did not see the news yet ?

Shes gunna move today!