Paul Sturrock is hopeful 26-year old striker Rory Fallon will sign a new contract soon with Plymouth
"I'm very hopeful Rory will tie everything up be the end of next week," Sturrock told BBC Radio Devon.
"We have had a chat about things, we've been in negotiations and if everything ties up we should get it done."
New Zealander Fallon joined Argyle in January 2007 from Swansea City.