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John Doerfer - 3 - September 11 , 1989 <br /> 12. Jeff Todd said that Climax would not object if the Board wanted to <br /> maintain the 25 million plus reclamation bond. Maybe the Board should <br /> consider this since the life of the mine and final reclamation costs are <br /> indefinite. <br /> Climax is possibly the largest permitted mineral mine in Colorado and the <br /> Climax Molybdenum Company may be the most environmentally responsible mining <br /> company in the state. However, the very sensitive environment in which this <br /> mine is located and the fact that "Climax" may not always own the property <br /> should indicate that reclamation plans should not be lessened but continually <br /> improved. <br /> LDO/yjb <br /> 9564F <br />