Argonaut Gold Inc.

Back from Puerto Vallarta. It was nice.

Portee, do you still hold St. Andrews - SAS. They aren't moving much at

the moment but are maintaining in a tight range. Little pop in the gold price and a little

good news - who knows. Yes I hold SAS and I think I got the suggestion from you.

Also holding SLG - Sterling. They have a "suitor" knocking at the door and have production

coming on line soon. Nothing is for certain but at least it keeps one awake.

One thing we agree on. Mutuals and Divies are BOOOOOORING. I like the dynamics of high risk venture stuff. What else are you going to do with your money. My kids already have enough and leaving an estate was never high on my agenda.

Make a few peso's so next time can stay in an even better hotel. Love those pool side bartenders who just keep the Bacardi Anejo coming.

Onward and Upward