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    #11
    I think this ties in somehow...

    Isn't there one guy who farms a bunch of this.

    http://www.cbc.ca/national/blog/video/aboriginal_issues/back_to_the_farm.html

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      #12
      p.s. I'd be surprised if this thing gets off the ground and if it does it'll be a real sh!t show.

      By the time all the consultantfarmers (most of these guys already tried farming at one point) at MNP take their wages out there won't be anything left for indians or shareholders.

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        #13
        I hope the Natives go it on their own their are Natives with Ag degrees.
        But here is simple question, who would let their accountant run their farm or business. The answer if your honest is none. Yes they know the numbers but their is no heart in it.

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          #14
          Their buying an asset.

          When land goes to five thousand an acre what will you say.

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            #15
            Sell Sell Sell if they want it I am out of here and I will buy in Argentina or Brazil and become Mattfarmer.

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              #16
              Wonder if Sprott knows about this blog?

              I am not aware of a single example of a successful, large-scale investor-owned farm this side of the Napa Valley. Many U.S. states outlaw it. We know how the communist farming collectives worked out and what happened to the Matador Co-op Farm. This is like junk fax. If it worked everybody would be doing it. The only people who seem to be making large-scale farming work while involving a lot of people are the Hutterites and they have a slightly different business model. Farming is the ultimate individual enterprise. There is nothing else like it. All over the world farming is progressive and profitable in proportion to the freedom that farmers have to pursue their individual self interest.

              We see investors buying farm land with both hands but sitting on it while the price goes up is hardly the same as working it.

              Investors and investment funds do not have the tolerance for setbacks that private individual farmers must. If you have a drought or flood or frost or the market collapses you tighten your belt, take less out (or nothing) and wait for next year, or the year after that. An investor would sell out and buy gold or oil or fertilizer shares.

              The sparkplug here is the Indian angle. It is very fashionable to make so-called partners out of the First Nations. A booming industry of consultants, educators, helpers, managers has developed, scooping up the money that comes from Ottawa and through the reserves. The aboriginal people are making progress in spite of everything the white man is doing to help them. Let's see how they make out with Sprott.

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                #17
                Sprott does not know about this blog.

                He is one of the richest canadians and manages billions of dollars.

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                  #18
                  Good for him Cotton, Hes good with other peoples money and he takes his cut. Farming is different because of weather, tough to get more than your cut when a crop failure. Good luck chuck.

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                    #19
                    "We know how the communist farming collectives worked out and what happened to the Matador Co-op Farm"

                    No I don't know; What happened to the Matador Coop Farm. Last I heard, the farm was still going and successful. I know it had trouble a number of years ago when the time came to transfer to the next generation - as do all businesses.

                    The Coop farm model wouldn,t be for me but it seemed to work good for the people involved there. ( One of them was a friend of mine although I haven't seen him for a few years.)

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                      #20
                      When land goes to $5000, the gross margins will still be the same. Ditto if flax gets to $50 or wheat gets to $20. There won't be any free money in farming until you retire.

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