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COM, INC. <br />corporece Colina Oro Molino Millslte <br />P.O. Box 80905 9145 Sunshine Canyon Rd. <br />Seattle, WA 98108 Boulder, CO 80302 <br />Bus: (206) 932-1800 III III III IIIIIII III Bus: (303) 447-7746 <br />Fax: (206) 937-8232 Fax: (303) 447-7746 <br />sss <br />RFCE~VF~' <br />June 1, 1994 <br />Bill York-Feirn <br />MLRD <br />1313 Sherman Street <br />Denver, Co 80203 <br />Dear Bill, <br />JUN 6 1994 <br />DwiSiUri Ur rn ii~ei ciao 4c~wy7 <br />It was nice to speak with you today. I sincerely hope that <br />we are finally on the road to production and prosperity. <br />COM, Inc. presently owns a minority interest in Durango <br />Metals, Inc. and has an option on a majority interest to be <br />exercised at a later date if it chooses. The milling results <br />that are moving forward at this time will determine our on- <br />going relationship. <br />I will alert Tim Hartley of you concern regarding the permit, <br />but I know Tim is an experienced mining professional, and no <br />doubt has all the processes in place to address the matter. <br />I really appreciate the opportunity to work with you in an up <br />front manner, and I know we can avoid some of the pitfalls <br />that we ended up in before by simply communicating any <br />questions or concerns that we each have in the beginning. <br />I look forward to seeing you soon. Remember I promised to <br />take you all out for lunch when we have a dependable <br />operation in place. That offer still stands. <br />Please call if you have further questions. <br />Sincerely, <br />~~ <br />Gwen Fraser <br />President <br />~~~~.~ <br />gf <br />