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

To: Quickdraw who wrote (7969)	12/10/1997 9:13:00 AM
From: Shirley Owen	Read Replies (1) \| Respond to of 14627

Hi Everyone, If you want to keep the Due Diligence Report Updated, then here are the changes that I see: Updates on Due Diligence: CHANGES: SHARES ISSUED: 18,271,370 from 16,763,710 an increase of 1,507,660. Could these be the $0.75 warrants that had an expiry date in January and March 1998? There were 1,753,000 Wts. to be exercised then. If so, then that would leave only 245,340 that have not been exercised. FULLY DILUTED: 25,151,120 an increase of 89,000. The finders fees will account for 83,750 of them. The finders fees were not on the D.D. I posted. I don't know what the other 5,250 are for. RESERVED FOR ISSUANCE: 6,879,750 Common Shares. 2,500,000 million common shares (pursuant to a stock option) 4,221,000 million common shares (when all wts. and options exercised) 83,750 finders fees (not included on my D.D.) 75,000 compensation options (included in my previous totals) *********** 6,879,750 Total Reserved for Issuance I also notice that they now have a Market Maker, D. Unger of Levesque. Maybe this will smooth out the peaks and valleys. Kathryn Church is Administration and Corporate Secretary. The only other thing I noticed was that in their Annual Report they stated 1,395,000 options at $3.85 were outstanding and subsequently 100,000 were cancelled, but on my D.D., the figures were taken from the July quarterly, and they add up to 1,725,000. Looks like some of these options may have been exercised in headier times. The options were set in February, so there was some high-flying prices to exercise into at the time. If anyone else can see any changes I haven't noticed, then please post so we can change our D.D. copies. Thank you. Cheers Shirley

To: Quickdraw who wrote (7969)	12/11/1997 5:39:00 AM
From: Shirley Owen	Read Replies (1) \| Respond to of 14627

Hi Rick, I just noticed that you had asked me a question about the warrants and I overlooked it. Better late, than never they say.:-) Actually these warrants are not free trading, but if you mean could they exercise them and trade the shares, then the answer is yes. But obviously they wouldn't be exercising warrants that are higher than the market price. The closest ones that I can see, at this time, is the $.075 warrants, if there are any left to exercise, and the $1.52 wts. which are close to being in the money. Normally, warrants and options can be exercised anytime up to the expiry date. That brings me to a question for myself. Why is is that we see so few free-trading warrants anymore? Hmmmm?? Ha!Ha! I got the 8100 post. First time I landed on the turn. Now I would like to get the 9000 with an announcement of a huge discovery!:-) Cheers Shirley