Subject: GTC for Cal 02 physical sale @ San Juan
From: [email-masked]
To: [email-masked]
Cc: [email-masked], [email-masked]
Date: Fri, 4 May 2001 08:53:21 -0700 (PDT)

Art, 

Attached is the contract that would govern this transaction.  Barry and I have discussed San Juan risks but we are willing to take it - however, the actual offer at this time is $4.65 for 15,000 to 20,000 delivered at the Blanco Pool.  When you are ready to transact, I will update the exact price at that time.  Let me know what you want to do.

Thanks,

Kim