Expert Analysis - October 8 The Gold Report Interview with Jordan Roy-Byrne (10/8/12) "We've overweighted some of our favorite names, such as Argonaut Gold Inc., which is one we have really liked for some time. That stock has performed very, very well. It has exactly what I want to see in what I like to call a growth-oriented producer. It reminds me of First Majestic Silver Corp. a couple of years ago, when I knew that it really had the capability and potential to grow itself into a major producer. . .I expect Argonaut to have a similarly huge move, occurring more slowly over the next several years. It has two growing mines, probably the best management in the industry and is currently permitting a third project. If there are any delays in the permitting, that could cause the stock to fall a little bit and would provide a fantastic opportunity for people to add to their positions and for newer investors to get onboard. But, I definitely remain very optimistic on Argonaut over the next several years. Even though the stock has already advanced substantially, I think it still has significant room to move over the next 12–18 months.