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<br />rrMltiRS:~71Na 7KE W~STS Flh'CDT
<br />RAt~cll g '~~~nau1 R~.o~.Rrtes-
<br />April 9, 1999
<br />Bob Allon
<br />Bio Dov~lop-mcnt lntcrn.;tianal
<br />3 ).:~ ccuti vc Park Dri v e
<br />Bc~^ro: d, N~rI 03 1 J 0
<br />Ph: (603) 624-1634
<br />Pzx: (603) 627-041 b
<br />Dee: Mr. AUcn,
<br />1 Cioycd visitil2g with you lest night re~^ardsn~ ~a Yaaucc Bo-y $Ftsin near Otu r0•, Colorado., z.~ao known as ;
<br />We?kcr Ruby Mining Company. Bascci upon nr}, kr_owlcdgc offhe propo~-fy an~:. toe m~ric.,Pt in ~i'cst,~-n+
<br />^c!o:~..do, tL- e following is my !united value of opinic~ of t1JC property.
<br />From 4~-bat I undarat.~nd the propc-t-ty ccsr~i„a of 7~'. patantod mining claims and :;5 ur;-patented ter a total of
<br />approximately i,0¢4-1,200 acres. The P'~p~'y is ~-nc~~n as Ya.*~ke©Boy Din erd is one of ~~~ mc;st unique
<br />Alpine Valtcy settings In the ©n~t~ State of Colorado. The property hag ~~iews ~~f ,9toncy Moun`~n P~..skk. Mt.
<br />Patost~, Mt. Snofflce, Chirr~cy Peak and School Nou_sc Pcrl: and Fins three tvat~:rfalls. The p,o-arty is a
<br />dclicntA Alpiac ecosystem that i3 a autstaining tnLrist actaction to the town of Ot.ray, Colorado.
<br />The property raLso inoluQes tk!o VSrA.Lker Ru'try Mine that iias largo de~pasi+.~ of C}o~li, si1v~, Icsd, c,,,~--per end zing
<br />1 ?lave b4cm told ti~at with tnc~ Iimitcd taro s-.nrrs~g co;npletod t1;eL t``era is a gold n~crve bct~•~ 52S fo $50
<br />million rind.ft Is believed thAt thix le n vary ec~cs..; ~ntivc nuriber bcca~o only tip ~utod core e~J~g ba~ro beer
<br />con~plct~-d. i c~l3o ur~dorratt~zd that them is app;rTimatcly X800,000 In z:-~ining ccliipmcrt.ti-~tit.w~~Id be ir.oludc
<br />in the exit,
<br />Due to tho unit 1L' Flt~'l~II~CS OI~t1~iE pmparty St 19 ff1y OP:nron tit wiih.a I2 to 1 f; rnCTtt't rt1N.ri;c*tng p~-iod, this
<br />property ahoul~sall bohvaen 512,000,000 t~ S14,000,000. Alfhou~b I dA hat bl~[iove that tfiis prupert-y would
<br />xppt~isc for this vt~lve, bcc;yuso this is eLCh a t~quc prcp~r-t}~ :.nd s}~ould be tr~~~:c~d as u 'on of a mod" under t}
<br />right circumetttncas this property could brim even mor/ thazi 514 zrrillion. If t~~: mint w•as opcr~ional F.nd
<br />ne±~ing b~twecn ~3 to $1?, million a year as est'in:-'~ by the miner this would inc~ case it's valuA dramatically.
<br />t~Yheiev,~ your circumatanco9 ar'a, I o~tn agsuroyaathat my knowlaigc of David Weser (s allQr) ~ one oftrust,
<br />~~pe~-t, and ut~n o6 t P.drn~raLlon for hie h anc~ty and f$ir l;xz~i n~ss dealings. I bell t va th ~ you cool d n of b o
<br />~~o~ng with a hotter Lidivldual and I &'u coufi~t that you ~viil be pleaacxi ify~,u purch~ his ~S"Jp,,, ~ .
<br />ghould you harm any quc~tlons, pier-,o dc~`C; I~~.rifste~to eve Me a call at (800) ;'.54-~5~1--'f.
<br />:i incerely,
<br />/~~ ~ c~
<br />:~t~•e Fullcrr
<br />Pr~idWnt & CEO
<br />- 840l~Y. iomlohl_• L~.Snstircz, C~ E1 ~. Lb6 75C W; :4o ~ _ ~
<br />t• J ~~ ..41.Ob1'r.~, rY.l (aT~F.d1.32If• u.-r,^:1,1,t~r~^;:'s-4a-l~om
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