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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />January 7, 2010 <br />Falcon Energy, Inc. <br />Twin Pines Investment LP <br />393 North 7th Street <br />Canon City, CO 81212 <br />Re: Twin Pines No. 2 (Permit No. C-1983-058) <br />Bond Release Application No. 2 (SL-2) <br />Dear Sir or Madam: <br />COLORADO <br />D I V I S I ON Of <br />RECLAMATION <br />MINING <br />-- St- <br />SAFETY <br />Bill Ritter, Jr. <br />Governor <br />Harris D. Sherman <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />The Division has issued a proposed decision to Approve Bond Release Application No. 2 (SL-2) for <br />the Twin Pines No. 2. Enclosed is the Division's decision form and written findings. Notice of the <br />proposed decision will be published in the Canon City Daily Record, as soon as possible. Publication <br />of the notice initiates a thirty-day public comment period. If there are no requests for an adjudicatory <br />hearing within the thirty days, the decision will become final. <br />As provided by Rule 3.03.2(6), should you object to the Division's proposed decision, you may request <br />an adjudicatory hearing. <br />If you have questions or are in need of additional information, please contact me. <br />Sincerely, <br />Ke A. Gorham <br />Environmental Protection Specialist III <br />Enclosures <br />Certified Mail Receipt No. 70bQ W-40 eOC;'4 SO I S 3931 <br />Return Receipt Requested <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines