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    #37
    Sprott may have two advantages, one -deep pockets, two - deep pockets from the natives who can do a rain dance.
    I just think unless this is irrigated land he will not see a profitable rate of return and be out within 5 years, when the rest of the financial markets turn around and he can make real money again. And no this land will not be worth $5000/ac when he is done, unless it all boarders Calgary city limits.

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      #38
      Actually SK, profitable farming would have been a supplementary bonus, but it was not the object of the exercise, nor was poor profit the reason for ending the exercise. pars

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        #39
        What was his game plan it sure wasn't making any money from the farm. Yes the main thing was owning the mineral rights on as many of the quarters as he could. But after couple of years of crop failures the accountant said quit its time. Am i wrong or not.

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          #40
          Saskfarmer3, you have to the most pesimistic person on this site I have ever followed. If you are this negative with everything you do, there is a very good chance your business will struggle.

          If farming for you is that bad, get out! Like every other business in this world, some do not make a reasonable return for their efforts. On the flip side, many operations have been managed well from day one and combined with luck at the right times are very successful.

          Leave those who want to be in this business alone and support them, don't criticize them.

          The world is only going to end in your mind, not everyone else's

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            #41
            Saskfarmer vs saskfarmer who will win?LOL



            Furrow my grandaddy never thought he would see land over 300.Of course hes 93 and his mind is narrowing.

            Yours must almost be shut.

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              #42
              Ding
              Round one.
              Well 99 lets rumble.

              Read comparing why don bought the land for the real reason.

              The deal with the natives is good for two people the accountant and the money man the natives will get the shaft.

              Thats it, I wish them luch hell I hope they succeed but i am betting they will last a few and then go by the way.

              Whats your prediction. MR Positive and give examples that show any one who invested huge sums of capital over years with lots of labour and a account in the mix.

              The answer is simple none.

              Have fun

              Good luck Earth Farm.

              HA HA HA HA HA

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                #43
                Ask him directly. I find the owner can always give you the more thorough, accurate answer. Pars

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