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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />June 2, 2005 <br />Steven Leach <br />P & M Coal Company <br />116 Inverness Drive East. Suite 207 <br />Englewood, CO 80112 <br />Re: Edna Strip Mine (Permit No. C-1980-001) <br />Bond Release Application No. 9 (SL-9) <br />Bond No. SB001 <br />Dear Sir or Madam: <br />COLORADO <br />D I V l 5! O N O F <br />MINERALS <br />GEOLOGY <br />REC LA NATION•NI NING <br />SAFETY•SCIENCE <br />Bill Owens <br />Gavemar <br />Russell George <br />Executive Director <br />Ronald W. Cottony <br />Division Director <br />Natural Resource Trustee <br />This letter, as required by Rule 3.03.2(5)(a) of the Rules and Regulations, is to inform you that the <br />Division of Minerals and Geology has issued a proposed decision to Approve Bond Release Application <br />No. 9 for the Edna Strip Mine. This decision will be published in the Steamboat Pilot as soon as possible. <br />Publication of the notice initiates a thirty (30) day public comment period. If, within thirty days, there are <br />no requests for an adjudicatory hearing, the decision will become final. <br />The bond for the operation is a Self Bond issued by your company (Bond No. SB001), in the amount of <br />$3,071,961.00. The proposed release amount is $226,163.00. <br />Please be aware that this notification is not a request to initiate any action by P & M Coal Company <br />concerning Bond No. SB001, and is for your information only. <br />If you have questions or need additional information, please contact me. <br />Sincerely, <br />Byron. Walker <br />Environmental Protection Specialist <br />BGW/Jrc <br />cc: Johanna R. Cramer, CDMG <br />C-541J C1980001 eGW 20050fi02 113529 AMC-SL-IJ <br />Office of Office of Colorado <br />Mined Land Reclamation Active and Inactive Mines Geological Survey <br />