Looky at One Earth

[bucket]

Good packing plant in Moose Jaw.

Would be ideal to get from XL. Upgrade and slaughter.

Forget about breaking the union there, they will have to pay good wages with all the competetion for labour from the industrial corridor.

[bucket]

Technically its like the buffalo prior to colonization in Canada.

Interesting stuff, but following that with the herd size of One Earth farms makes me wonder.

I think the bigger play would be to get a slaughterhouse.

[Hopperbin]

Farm to plate looks good. Canadian Branding good I suppose they could sell you what ever you wanted. Grass fed topped up with certain types of grain in the end. The worst thing about buying a local beef or pork is that its not neccessarily consistent product maybe due to diet or handling. If they can improve on that then good for them.

I would be concerned about the amount and complexity of the partnering going on, the giving a taking in a partnership could also be a downfall so maybe they got it all figured out.

[Hopperbin]

As of Feb. 19/2013 sprott is reported to have 57.3 million invested in OEM for 54.3 percent ownership. Which leaves other investment money at 45.7 percent and another (Bank loan, and other industry partners)39.8 million calculated for a total investment in OEM for all investors at 97.1 million dollars. Since the the aquisition of Berreta farms was also anounced on Feb.19 the total invested of sprott plus their share of ownership may or may not be included in the above figures. Maybe a simple phone call to Sprott would clearify. Now putting this into perspective. 91.1 million would purchase 97,100 acres of land at 1000 dollars per acre. Pretty sure most of their crop land that they farm would be valued under that with the pasture land much under that. Just for perspective of the amount of investment already put into OEF.

[Hopperbin]

On Sept 30 2012 sprott reported total cash investment in OEF of 57.5 million for a share 58.1 percent in OEF. Not sure why the .2 discrepancy in cash invested. So from Sept 2012 to Feb 19 2013 their percent ownership declined by 3.8 percent. So total monies invested in OEF but not by sprott increased by 3.7 million(calculated) by all other partners. So the Berreta investment maybe is valued at 3.7 million. (complete speculation) or was something else.