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Page 1 of 1 <br />Sorenson, Allen <br />From: Sorenson, Allen <br />Sent: Tuesday, January 06, 2009 3:45 PM <br />To: 'Michael Beshore' <br />Cc: 'Richard Blubaugh' <br />Subject: RE: Bond Placement for 2008-043 <br />NON CONFIDENTIAL ~ <br />PZ~o~ ~~~ <br />~~~ ~~ ~^'t'S <br />a~~~ <br /> <br />(a Ors ~ (~ v Q. (l`r~-~ '~ <br />Thanks Mike. In accordance with rule 5.1.3(b) we would need the bond by 2-17-08, but that rule also provides flexibility to <br />continue the requirement at the Division's discretion. If you can post the bond before 2-17, great. If not, just get me a <br />letter request to continue it to a later date. Also see rule 4.1(2), which applies to permits, not prospecting notices, but in <br />the spirit of that rule and in accordance with intent of the Mined Land Reclamation Board, we would not wait more than a <br />year for a bond. <br />-Allen <br />Link to rules: <br />http~//mining state co us/rulesregs/HR%20and%20Metal%20adopted%20Au~%209%202006%20indexed pdf <br />From: Michael Beshore [] <br />Sent: Sunday, January 04, 2009 2:19 PM <br />To: Sorenson, Allen <br />Cc: 'Richard Blubaugh' <br />Subject: Bond Placement for 2008-043 <br />Hi Allen, Is there a specific time frame in which Powertech will need to post bond for NOI 2008-043? We would like to <br />wait to post the bond until we get a little closer to the time we are planning to initiate these activities (March?). <br />However, if we need to post bond within a specific time frame from the bond adjustment approval letter, we will do so. <br />Thanks, Mike <br />POWERTECIi (USA) ANC. <br />Michael D. Beshore, P.G. <br />Senior Environmental Coordinator <br />Powertech (USA) Inc. <br />P.O. Box 1066 <br />8305 6th Street <br />Wellington, CO 80549 <br />(970) 282-7777 office <br />(970) 556-5988 cell <br />Email: <br />Website: <br />This communication may contain information that is legally privileged, confidential or exempt from disclosure. If you are not the <br />intended recipient, please note that any dissemination, distribution or copying of this communication is strictly prohibited. Anyone <br />who receives this message in error should notify the sender immediately by telephone or by return a-mail and delete it from their <br />computer. <br />1/6/2009 <br />