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3634526611 ~TLE APPLEGATE INC <br />Simpson lett®r <br />August 21, 1995 - Paga 2 <br />• 172 P68 RUG 28 '95 12:53 <br />It the deposit is more than needed, anB thi9 is our expectation, <br />the balance will be refunded. <br />Bince the agreements must be egsentially done in stagel~pleaBe <br />have your legal counsel prepare for our review the initial document <br />which will allow Connell to pX'oCaed with the County and Colorado <br />Division of Minerals i apology. At the time of submission, your <br />check for $a,ooo.00 should also bo dslivero~ <br />we will give this initial <br />you can proa+ted. <br />review so that <br />truly, <br />h~_ ,,... <br />bjs <br />xc: Box Eldmr Soard of Directors <br />F <br />IO'd QZO'oN 9i:Lt S6,IZ 9(itl 6ZLbZ$dOL6:QI i ~ H '~ <br />