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SENT BY~VRANESH & RAISCH ~7-14-95 ~ 3~38PM ~ 303~566y 303 632 6106.8 4 <br />COM. TNC. <br />91aa Simshiae caayoa <br />auolder, ca sosoa <br />(303) 449-? i 46 <br />Deeeasl:er 15, 1999 <br />I~~. Tim I-rsi•'1ey <br />PO Pos 1925 <br />°ouid,c, CO 80308-?^55 <br />Dear?2-. hare:ey- <br />is rsgaria m that ex-amain contract Dated Nove~e_- 12, 1992, and that cesv,ia <br />Joint Vr~ture el.grrez~t aatar~d into oa Dec~.s Der 4,1994, I resat •~a inform <br />you :hat these two P,g: e`:nts cave ~ee^ a~iLarzwa and are to be caa~+de_*ed <br />ail and void. the CJae uadred Thousand (S100A00) Dollars called for in para- <br />graph ~,~d 7P31I not be -a0rClCOmlD$. <br />I ca year atteattoa to paragraph 4.d waete Dura~o shall ~ni-ibute its ~in~s]. <br />Zli:=e1'saae free sad ~ea.r and is good standing. <br />Oa a numbe.- of oc^~sinns, and amore part:culasly oa the ev~,jag of De%~ee_~ <br />? 1, ? received comma .:crane from Charles Rugg and hio ngrats t'~at you <br />were conducting yoursaf is as illegal and fiauduleac *~=~*+p*. !a resae~ t3rat <br />you were sr°~ ore .`rUm the Mogul 'Il~rt~ ea well as embe.-ring mommy firm <br />your corl,orattoa. I was iiatthsr advised that e.•isiaal ccargee era being Sled <br />a~si you, peraaaally, sad that you sad Durango l2etals weee going to be <br />ejected tom the proFx.~y. <br />It is ant my place to judge the validity of suds charges, but I caaasot put COM. <br />In :. s 9u~ s ~ap*~*~;~+~g positaa as well ns risk F1ve Million (55,000,000) <br />Dollsrs of sus ~pitai in a venture that rosy be tied up is wore for many years <br />b, wme. <br />Should you have any questrona rega++~f*g this deeaion. please feel free to <br />contact ae. <br />Sirserely, <br />/~/y~-. <br />.. Wryae Tatsaa <br />JWZ`.al <br />EXHIBIT <br />D--- <br />5720E (9/8/93) <br />