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Gold/Mining/Energy : Pacific Rim Mining PMU.T -- Ignore unavailable to you. Want to Upgrade?

To: Phil Jones who wrote (177)	12/8/2003 10:52:40 PM
From: hank2010	Read Replies (1) \| Respond to of 312

From Mafic on stockhouse "Here is a reply from Barbara Henderson, VP Investor Relations at Pacific Rim about the Nov 26 technical report on SEDAR: The Nov. 26 report provides the technical details of the updated resource calculation for the El Dorado project that was issued by Pacific Rim in a news release on October 27, 2003. The regulatory authorities require us to file the full report (175 pages) on SEDAR so the public has access to it, but as you can image, it is far too detailed for a news release, and is meant to support our primary disclosure which is the news release that we issued in late October. We believe the updated El Dorado resource calculation has contributed to the recent increase in our share price, but it is definitely not the only factor. A series of meetings we had with mining analysts about 2 weeks ago and improvements in the gold price are other influences, but we believe the primary trigger that started the rally about 10 days ago was a bullish recommendation for PMU in a US-based penny-stock newsletter. I hope this helps clarify our disclosure for you - the new resource calculation is an important milestone in our advancement of the El Dorado project and brings us a step closer toward our goal of becoming a highly profitable low-cost intermediate level gold producer. In case you haven't seen this yet, we also issued a news release this morning with the results of our latest drill holes on the El Dorado project, including a new discovery to the east of the Minita vein (which hosts the bulk of the current resource). It is available on our website at www.pacrim-mining.com There you go, from the horse's mouth. Mafic"