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Ritche Bros Regina

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    Ritche Bros Regina

    It was a mud hole out there.

    I was a bit surprised at the prices. Pretty much everything at the higher end of expectations I would say.

    Any green equipment in high demand. Someone was dying for a S680 combine.

    Deal of the auction were a few nice service trucks early on. I guess nobody actually services their own equipment any more so that makes sense..haha

    I think that must wrap up the last of Broad Acres equipment...wow the dealers must be hating that.

    #2
    Why would the dealers who sold machinery to the almighty Broadacres hate this situation? Broadacres must have made a proper business presentstion in order to qualify for machine purchases.
    Is it because Broadacre did not pay for the machines and then gave them back to the dealership?
    I forgot most of the values listed in the Broadacre letter to creditors, but I do recall Broadacre owes a local big farm $35,000. I suppose its chump change for a large farm but I wonder if these guys are still pals.
    I think Gary Pike still being on salary is brilliant. That is how you make money!

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      #3
      Just for posterity's sake, I found the old list of creditors.
      https://www.realagriculture.com/wp-content/uploads/2014/11/broadacre-006_111014.pdf

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        #4
        One wonders what's up when you see Saskatoon's sale list

        Who would auction off 3 axle grain trucks that have 7000 and 4000 kms on them?

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