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Gold/Mining/Energy : Pacific Rim Mining V.PFG
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To: Ross Mickey who wrote (63)10/1/1996 11:57:00 AM
From: Ross Mickey   of 14627
 
Since this is an information and educational exchange.....
I am confused by the markets reaction to the press release. I called Richard to get his perspective. He has talked to a number of brokers and got these comments.

Its bad form to release on the last day of the month. The best time for press releases is the first two weeks of the month

It is bad form to release the news with one hour left in the day.

The press release "reads like a novel, to dense and confusing."

There is no mention as to how this affects the size of the known reserve.

Richard has requested management to prepare another corporate update which would list the assays in tabular format and project the increase in reserve size. Also, the assays for the fill in drill results should be available this month (two weeks....)

BTW, I am still very upbeat about this company (don't know if anyone should care about this, but I just felt like saying it)

Any other thoughts would be appreciated.

Best of Luck,

Ross
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