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-~aql~--(7 $3 <br />04•~0~ <br />~~ ~ <br />N <br />`-" $ <br />~`~876 ~ <br />KEN SALAZAR <br />Attomey General <br />DONALD S. QUICK <br />Chief Deputy Attorney General <br />ALAN J. GII.BERT <br />Solicitor General <br />Ronald E. Gold <br />2200 PNC Center <br />STATE OF COLORADO <br />DEPARTMENT OF LAW <br />OFFICE OF THE ATTORNEY GENERAL <br />August 27, 2003 <br />t~3~ <br />STATE SERVICES BUILDING <br />1525 Sherman S[reet - 5th Floor <br />Denver Colorado 80203 <br />Phone (303) 866-4500 <br />FAX (303) 866-5691 <br />RECEIVED <br />AUG 2 7 2003 <br />201 East Fifth Street Division •f Minerals and Geology <br />Cincinnati, Ohis 45202-4182 <br />RE: Horizon Natural Resources Company -Bowie Resources Limited -Chapter 11 -Case <br />No. 02-14261 <br />Deaz Mr. Gold: <br />To follow up on our telephone conversation today, I wanted to bring to your attention that the <br />schedules attached to the proposed moflon to sell the assets of Bowie Resouces Limited <br />("Bowie") has failed to list a bond for a Notice of Intent to Explore ("NOI") held by Bowie. <br />Bowie not only holds mining and reclamation permits with my client,-the Colorado Division of <br />Minerals and Geology, but also has six NOIs. The schedules attached to the proposed Asset <br />Purchase Agreement in which Bowie proposes to sell substantially all of its asset, list the <br />applicable mining and reclamation permits (in Schedule 2(d)) but do not list the NOIs. However, <br />Schedule 8.2(g) which lists the bond amounts for the permits also sets forth five of the six bonds <br />for the NOIs. One bond, bond number 2312 for NOI -X-2000-217-06, is not listed in Schedule <br />8.2(g). The missing bond is a certificate of deposit from the First National Bank of Paonia for <br />$2,940. The Division requests that this bond be added to Schedule 8.2(g). Thank you for your <br />attention to this matter. <br />Sincerely, <br />~ ~ ~~ <br />~~ <br />CHERYL A. LINDEN <br />First Assistant Attorney General <br />Natural Resources and Environment Section <br />(303)866-5127 <br />(303) 866-3558 (FAX) <br />cc: Sandy Brown, DMG <br />Joe Dudash, DMG <br />