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L<B>and<B><B>mine</B> Page 2 of 20 <br /> into area streams. <br /> • Weather gives <br /> The documents—reviewed for the first time by mountain sports an <br /> the Denver Rocky Mountain News —are early start <br /> part of a lawsuit against Robert M. Friedland, the <br /> introspective 49-year-old Chicago-born financier <br /> who founded the Canadian firm Galactic With Cinco de Mayo, <br /> Resources Ltd. paving, expect jams <br /> on 1-25 tonight <br /> The documents—hundreds of cartons stored at <br /> the federal courthouse and the Colorado attorney Boulder selected as <br /> general's office—suggest that Galactic officials historic destination <br /> misled Colorado's understaffed and underfunded <br /> mine regulators about the amount of acid the mine <br /> would release. They also show that the Sun brings warmth, <br /> company's own employees and consultants but no new records <br /> questioned the safety of the operation. <br /> Alley-based gun <br /> "This project is the epitome of the'disaster looking dealer ordered to <br /> for a place to happen,"'wrote an inspector for close shop <br /> GeoServices Inc., the Florida company Galactic <br /> hired to do quality control on the portion of the State increases <br /> mine where cyanide was sprayed over ore. number of licenses <br /> to hunt elk <br /> New information from the documents examined <br /> by the Denver Rocky Mountain News Urban children <br /> reveals the following details: get a <br /> chance to sample <br /> • Galactic told mine regulators that the company outdoor experiences <br /> could restore a site damaged by generations of <br /> mining even though a prime consultant warned Fashion editor at <br /> company executives that those promises were News wins national <br /> vastly exaggerated. honor <br /> • • The company unwisely pressed ahead with LEGISL TU <br /> construction during the winter of 1985-86. At 200(} <br /> 11,850 feet, that was risky at best and ultimately V <br /> proved disastrous. <br /> Tax reductions an <br /> • An engineer said he warned Friedland that odd mixture <br /> Galactic should stop cyanide leaks caused by an <br /> avalanche and rockslide before running more Winners and losers <br /> cyanide through the system. He said his warning <br /> was ignored, though Friedland, in sworn <br /> testimony, denied ever receiving that advice. The lighter moments <br /> • The former manager of the mine said Galactic City ready for face- <br /> misled the Bank of America, low-balling the cost off over gun bill <br /> of constructing the mine. The bank loaned the <br /> company$25 million, providing crucial funding Less taxing <br /> that got the mine under way. <br /> • Staff geologists and on-site executives warned <br /> Galactic's leaders in Vancouver, British Columbia, r'a-mils d a <br /> that ore in the area contained far less gold than Zu S lee <br /> investors were being told. The U.S. Securities and <br /> Exchange Commission subsequently forced the a unso vex murier of <br /> company to alter its claims. an Indian activist. <br /> • As the mine's financial woes grew, Galactic sold stock in an effort to raise <br /> • enough money to fix growing environmental problems. But company officials <br /> knew they could not afford to repair the damage, even as they signed <br /> agreements with the state to do so. <br /> http://www.denver-rmn.com/news/0507smmt1.shtml 5/7/00 <br />