Spoke at mkt close;  is in  Sacramento in  daily  contact  with Reno ironing  out  agreement which may be  far enough along  to be  agreed  to both  sides  early  next  week. Tuesday meet is on  schedule.  Is  doing medical work  up finish to renew  pilot’s lisc and  sees no problem if  comfort  dog can land  a  piston  twin with  supervision.  Told him  could  apply  for  age  exemption  to be  1st  officer on a  Germanwings  737. No landing  qualification  needed.

In  reality is   very confident and  we  feel we can joke  around long last.  Look ahead to summer and a distinct possibility the  same investors  may be  around  for more. That means  the  same  cash behind  JV may be had  to be  behind  Mexus  itself.  That’s probably  more  than can be  said  but  seemed  clear to me.    In no rush with prospect  of  several decades in  venture  and it’s  the  details  that  count.  Many can recall Rob’s need to rescue  Minera Andes  who never  bothered  to read   own contract  with Hochschild  San Jose  mine JV required  them to pay demand for start up  expenses BEFORE first  profit  realized .  Get it  right prior to signing anything  away.  Should be  enough for  both to profit  richly simply  much more important to Mexus   health ongoing. 8

Was pretty much my take with a lengthy conversation I had with Paul yesterday. He came off as very positive with the “Likelihood” that both sides are in agreement. He was jovial and seemed upbeat, even mentioned he’s been sleeping pretty good as of late. So hope it’s Argonaut! Would be sweet. He also mentioned there is yet another suitor that is biting at the bit to sign on if for some reason current deal falls through. Bunch of other good stuff in the works once we get through JV hurdle. I’m getting a warm fuzzy I may be cracking a couple bottles good Zins here shortly. Not putting cart before horse, but hot damn…fingers, toes, and maybe even eyes crossed through the next week or so. Cheers,”  Zins

Actually I was  quoting  you until he  called,  Zins.  He’s had a non- stop year with so many  obstacles  personal and  corporate is good to feel him easing  up and  let  the tea leaves  settle in the  cup.   Get back to  early ’12  when all looked  rosey  to simply  pump out  $1900 gold.  8

Blast at  Sonora  mine  Argonaut  is  by  licensed  contractor. Sound familiar? 8

“Mining Method

The mining method employed at the La Colorada Mine consists of traditional open pit drill and blast operations followed by

excavator loading of rigid body haul trucks for ore transport to a crusher and waste transport to designated dump locations.

The mine contractor Sinergia, S.A. de C.V. (“Sinergia”) drills 5.5-inch holes which are loaded with sacked ANFO. The

amount of ANFO loaded is approximately 52 kg per drill hole. Argonaut pays for explosives as is common in Mexico, but

the contractor is responsible for loading, priming and blasting of rock. Drill chips are sampled and sent to the local assay lab

for grade control map creation by the mine engineering staff.”

http://www.sedar.com/GetFile.do?lang=EN&docClass=1&issuerNo=00025546&fileName=/csfsprod/data151/filings/02319850/00000001/C%3A%5CSEDAR%5CFILINGS%5CAR_AIF_Mar2015.pdf

Our  family had  a loss  last month. Oldest nephew , Thomas  Mark Phillips  passéd , 1959- 2015 after  few  minor miracles  since  the late  90’s HIV onsets .  Memorial  on Sat  8th in Arcata/Eureka  CA.  Be his  grandma,  our mom’s  102nd .  Speak of  Blind  Blake?  Brother  Val,  where   thou art  I’m lucky to know.  The  two took me  to Travis  AFB, May 29th ,1966 off to  war. He  wanted  Tom to always  remember me whatever  occurred. Can’t get much more love.  I’m fortunate  to have  a large  family  full. Don I Phillips

Re-upped  for another   year  with blog May 15th.  Sincere aspiration is  finish up and simply  fade  away  after  4th success  small explore  start upper.  For me? Means over .06 to  above  .60 for  1000% minimum I consider  success.  Lot  like  taking  a Class A farm team  grown up to win World  Series.  From “Hit this spot for free dinner” to hand  shake in  the Oval Office, Any  know  me’d  expect this un. Merle Travis before  there  WAS a Merle Travis ( probably  1910-30’s Blind  Blake)

Left  a msg for PT that  I DO HOPE  these  are our JV!  Smart  people  with a  wisely  selected  chain of  follow ons , 153 mil shares,  no debt and  $50 mil cash. BUT!!! no pure metal mine  up to 49%  Mexus  could  provide. They  DO KNOW leach  RC drill out  resources  quick and  would be  a  great  selection AND exist in  Sonora  for synergy AND could be  the miner in  Reno never  denied. Hope-a-hope- my next  resort buy in  Baja La Paz mine. Be  a 2nd  San Antonio( mine)  home. Tropical fishing wonder  world.  I have  run it  as  far  down as  a NAME, Belgie.   8

Hope  is better  news than Silver Pursuit  April 8th?  Listened  bit over  40 min. 1st  qtr   would not  be stuff  beyond  Mar  31.   Sounds  very  professional. Julio  Maria  Elena would  join  San Agustin Durango  project taken from  Silver Standard  in  2103  and a  25K meter  drill project  to outline  an open pit  with a  resource  43-101  completed BUT no vein structure  with high grade   metal mining  seen at  all.  $2 million to be  spent  in  2015.  8

“I too listened to the Argonaut conference call, and yes, I thought very professional on the part of the CEO. They have a plan with multiple mines to get to the area of production ounces to become a major producer. They love the Mexico area, called it one of the best jurisdictions in the world, from what I heard, so add on of Mexus would only add to that, IMO.

Just waiting and watching, we’ll see what comes.” Belgie

Argonaut Gold Q1 2015 Financial Results Conference Call and Webcast – May 5, 2015:

The Q1 financial results call is scheduled to take place on May 5, 2015 at 8:30 AM (ET). Details for the call-in participation are:

The conference call replay will be available from 11:30 AM (ET) on May 5, 2015 to May 12, 2015.

Annual General Meeting:

Argonaut Gold Inc. will hold its annual meeting of shareholders on Tuesday, May 5, 2015 at 10:00 AM (ET) at the offices of Bennett Jones LLP, located at 3400 One First Canadian Place, Toronto, Ontario,

http://www.argonautgold.com/_resources/presentations/March_2015_Presentation_v2.pdf

There’s  very little an individual or  group can do  in profit   manipulating  any  penny  share least  well below $1 in actual penny range . MMs control the process and any minor move  results in  their  bid/ ask rise and  fall.  What   CAN occur  is  attack on  the  assumed   future  value which is  exactly  the  single  thing  an investor  uses  to assess their  sale or purchase. “Going  to zero” is the  clue  even speaking  about a  small miner dealing  with what is   being bid on as  a million oz prospect among well known  mining  corporations in  the  Sonora area.  Is  the  cute return, “I know  what kind  of  girl you  are, just  setting  a price!”.  Told since San Felix  buy on  that  enemies  and criminal efforts  are involved on  our message boards? Believe it.  One’s  in jail and  have  heard  from Senor Oscar  B’s florid  prose.   It will be  a final sustained  buy on  that  can’t  be defeated  raising  ask  half  a  cent  that  wins  out. My  assume  is  sometime  about next  Friday when I start  to collect  a  few  big   life  style bets .  Must  recall though  GORO attack came  after  the $30 level  fallen a  bunch with POG. Hardly  pences.  Multi millions  made  shorting  to below  $3 with pure lies.

Sensing  a major PPS boost on  the  crest  I been going  over  PP s still owed.  Deb and  I found  some over  1 mil owed  yet to issue  since  Jan.  Doing that  she said  PT’d  had  his   74th birthday hug and  was  driving back to Reno. Just  2 possibles;  been a major  glitch since  4 PM EDT yesterday or  giving  self  best  birthday gift  ever and shaking hands with  Argonaut  with a pen out. Guess  we’ll  see  after  Monday, 4th.  8

Mugwump: Generally means   “sanctimonious” or “holier-than-thou”  in Algonquins.    GOP breakaway from  Grover  Cleveland’s  race with Blaine and one  of  more  humorous   bits of   AM Political history like 1850’s  Know Nothings. (anti everythings).  Joke  was fence  sitters , mug on one side, wump on the other.  Wm S Gilbert’d  say a  USA  bred Lout and   bud  Artie  S’d  write  a  catchy  tune .  Still’d  never  do  HMS Great White Lout  true justice.  Have  to wonder  was he a  rock chucker   in Baltimore seeking social justice off  the  bus?  As a  confirmed  coward I’d  think not  but  cheered on  the  cable  news with hearty  living  room shouts.! Well,  better believe Paul says it’s done  to sign when presented neat like  and  wandering  cross border will decline and   Gebruder B’s can run much the  show.  Need no giant  PPS rise, a  gentle  swell to the  PR contract date  will do me  jus foin. Better a  good  Friday than  the last  Good Friday .  Some  paused  even  dumbo yakking and  bought  some.  Placed  orders  at  5AM to get  over next million targeted  at .0184 open.  I believe even  after  Elvis’s  left  the  house. 8

“latest PR is nothing different from any of the previous PR’s”. HMS GW Lout

“Argonaut Gold is a Canadian gold company engaged in exploration, mine development and production activities. Its primary assets are the production stage El Castillo mine in Durango, Mexico, and LA COLORADO MINE IN SONORA  MEXICO. Advanced exploration stage projects include the San Antonio project in Baja California Sur, Mexico, the Magino project in Ontario, Canada and the San Agustin project in Durango, Mexico. The Company also has several exploration stage projects, all of which are located in North America.

Expansion Projects for 2015
The Company plans on investing approximately $37 million on capital expenditures and exploration initiatives in 2015. Major capital expenditures in 2015 are expected to include approximately $16 million at El Castillo (including $4 million in leach pad expansion, $6 million in sustaining capital and $6 million on capitalized stripping), $11 million at La Colorada (including $3 million in leach pad expansion, $2 million in sustaining capital and $6 million on capitalized stripping), $2 million at Magino, $2 million at San Antonio and $2 million at San Agustin. EXPLORATION EXPENDITURES in 2015 are expected to amount to APPROXIMATELY   $4 million.”

So how’s  about  $5-7 million for $600,000,000 worth  49%  of a new  million oz  project?  10,000 % gain. 8

http://www.argonautgold.com/news_events/news/index.php?&content_id=185