one earth farms

[jensend]

how will he get minerals? you think the bands would lease minerals with the surface? they have lawyers to catch a screwup like that and they just aren't that stupid anyway. this thread has gone from sprott putting together a farming investment fund to a scheme to control the minerals under the reservations. it's nine o'clock - wake up the dreams over.

[cottonpicken]

So your saying the indians will out smart a bay street
heavyweight?

[jensend]

i'm saying it's incredible for them to hand over rights to minerals without making a big deal of it and the development that would come to the reserves. don't you think they realize the value of those minerals? there is potash - they did some drilling around here in the last year up against and on a reserve. the rental agreements will not be word of mouth; they'll be very well defined and if something were to go wrong it would become a living agreement and the bands would just say it wasn't their intent and the courts have been sympathetic to that. everything's stacked against it being anything but a farming venture that sprott thinks he can turn into a going concern with alliances with the natives,machinery and input suppliers and marketing deals. he'll definitely make money and there is a slim chance the farm will fly but you can bet that's about it. he's cashing in on the commodity craze of last year; he's a gold bug like rogers and he thinks he can assemble a large scale farm by not buying land and just profiting from operations. the investors get nothing out of this because there are really no hard assets (like land) to use to recover equity.

[Burbert]

Could be another Brex, in the works here. That was an amazing scam. So big that the Kanadian gov't wounld even bother to investigat the fraud. Guess this may be what's happinen agin!

[Hopperbin]

My dad told me mineral rights for potash could be worth 120,000 per quarter. We have potash and I managed to get 3 quarters of mineral rights thrown in with the land purhase at no charge. But no mine or exploration company working on this land.

[SASKFARMER3]

jensend I am saying this guy is trying to get his hands on the golden egg the back door way. Rent first then gain trust then show profit then get hold of the Golden Egg.
Hes no Dummy. This group also thinks farming is easy way to make cash so do it till the big prize is had.

[jensend]

i think sprott wants to marry two ideas - he's bullish on commodities and he thinks the reserve land is a convenient, underused resource. if the farm doesn't fly how much credibility will he have with the bands?

[bucket]

Better yet - how much credibilty does he have with his investors?

[Hopperbin]

I must remind, one earth has all of MNPs farmers books to look at. No one else will know about it except one earth. They know what they are doing except soil type on reserve land may through them for a loop.

[Hopperbin]

I think Burbert's Jan 12th post hits on the head - Why are you guys so worried?

If one earths makes a go of it - So what! If they fail - So what!

Focus your efforts on your own operations, make them better and more profitable. We live in a country where land is still cheap and plentiful on a world scale.

For the time some of you spend complaining, others made money. The next day when you are still complaining, they compounded the earnings from it.