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Post by timbernt on Oct 10, 2019 20:21:16 GMT -6
Randy, can you or others knowledgeable about the circumstances explain why Delorean bought Pine Creek ranch in the Lemhi Valley from the Reeses and became a Hereford breeder? Did he have an active role at the ranch? Was he just using it as one of his scams?
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Post by oldduffer on Oct 11, 2019 8:36:05 GMT -6
That may have been during the time frame that the IRS provided some significant tax advantages to investments of that type.....
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Post by guffeygal on Oct 13, 2019 19:52:11 GMT -6
Didn't Byron Bayers have an article about this in one of his last few Hereford America Columns?
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Post by randy on Oct 14, 2019 12:11:24 GMT -6
Hmmm.... What a wonderful deal...DeLorean bought Pine Creek basically to impress his side chick and future wife. He was at the ranch on and off with plenty of risque wild parties. He did not play an active in the operations. He was more on the "Entertainment" end of the operation. When I attended one of the last sales he was in attendance. T-shirt, Levis, Ratskin (Mink etc) coat, Ratskin boots. He was snorted up and stoned out of his mind with a few in his entourage the same. The ranch was DeLorean's showplace to bring future "investors" and show them a good time. I will have to say the manager had the place looking the best. There were some good cattle there. In the end, he scammed multiple people using that ranch as a backdrop.
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Post by timbernt on Oct 14, 2019 19:33:22 GMT -6
Who did Joe Scoble buy the Pine Creek cows from when he moved them to the Pahsimeroi Valley? Did he get all the Pine Creek cows along with Stilts? Did he have possession of titan 7777 or just a semen interest?
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Post by randy on Oct 14, 2019 19:41:28 GMT -6
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Post by randy on Oct 14, 2019 20:01:58 GMT -6
Who did Joe Scoble buy the Pine Creek cows from when he moved them to the Pahsimeroi Valley? Did he get all the Pine Creek cows along with Stilts? Did he have possession of titan 7777 or just a semen interest? I am not sure I remember how that all shook out. That was a long damn time ago..lol. I do know Max Beeler ended up with some of the cows. I do know there were Pine Creek cows sold at auction as I attended one. Hopefully someone knows more, but most that will read this were not alive or old enough to know...
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alex
Fresh Calf
Posts: 79
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Post by alex on Oct 15, 2019 8:19:56 GMT -6
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