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<br />DAM, Inc. <br />March 8, 2004 <br />Division of Minerals and Geology <br />1313 Sherman St., Room 215 <br />Denver, CO 80203 <br />To the Division Board Members, <br />Dispersing Aggregate Mazerials, Ino. <br />P. O. Boz 1346 <br />Breckenridge, CO 80424 <br />Currently we are in negotiations with a water district which affects what our final reclamation will be <br />on the proposed property. As of today, one of the water divisions would like us to create two <br />separate water storage facilities, however they have yet come up with a way to provide financing for <br />the project. Please advice us to the direction you would like us to take on this matter. <br />Sincerely, <br />Sr. <br />