Guess it depends on the direction they are headed. Back in the mid 80's I worked for a construction company that hired a banker to run it.......................................................into bankruptcy.Frankie":1gsufytm said:Have they sold the land? Would you hire a consultant for your ranching operation that doesn't ranch? This is really confusing. :?
TNMasterBeefProducer":1opjcuv9 said:Frankie":1opjcuv9 said:Have they sold the land? Would you hire a consultant for your ranching operation that doesn't ranch? This is really confusing. :?
I have heard through a fairly reliable source (Dr. Todd Bickett in Georgia that does my embryo transfer and also does three trees ranch et said that Stan Thomas was telling him he had purchased camp cooley.) Whether this is true or not I do not know. I do know that according to Dr. Bickett Three Trees who had heavy 1680 genetics in their herd is going from 1,000 et calves per year down to 400.
whitecow":1wcmqbzn said:"Why weren't the 333 registered Brangus females sold in their previous "Complete Registered Brangus Herd Dispersal"?
The 333 Brangus and 122 Charolais females that will sale in November are made up mostly of the heifers that were quarantined during the main dispersal this summer.
bigbull338":2tzhz90v said:you have to remember camp cooley ranch is 14000acs.just the ranch alone is worth 35 to 40 million dollars.then you add 1500 to 2000hd of cattle an thats 6 to 8 million.then a full line of equipment an cattle working equipment an thats another 5 or 6 million.so you looking at $55 to $60 million total.an thats alot of money to come up with.
plbcattle":sdfoq105 said:I had not heard this. Why if someone bought your herd or outfit, would you go through the cost of having a final dispersal. If someone bought the ranch, wouldnt they already own the cattle. Why then create expense to sell them. I guess a dispersal doesnt really mean dispersal.
1982vett":isjd9ssv said:bigbull338":isjd9ssv said:you have to remember camp cooley ranch is 14000acs.just the ranch alone is worth 35 to 40 million dollars.then you add 1500 to 2000hd of cattle an thats 6 to 8 million.then a full line of equipment an cattle working equipment an thats another 5 or 6 million.so you looking at $55 to $60 million total.an thats alot of money to come up with.
It's just 2.5 - 2.7 million shares of Chesepeake Energy stock. ;-) (Currently trading at $22.18). For lots of big money folks looking for a better place to put assets, that is a drop in a bucket.
whitecow":x53brvbh said:Here's a listing for the ranch.....$47.5MM
http://realestate.yahoo.com/Homes_for_sale/408f4b9eeb1f32bd8497cc4daf471be6
By the way, Three Trees did buy many of the high IMF Brangus cows from the CCR Dispersal this summer. You can read about them on the Three Trees web site.