$700,000 Sebago Lake Charges Keeneland January Tuesday

by Jessica Martini & Stefanie Grimm

LEXINGTON, KY – During a session dominated for much of the day by the short yearlings, the supplemented broodmare Sebago Lake (Tapit) jumped to the lead in the final hips when selling for $700,000 to Mandy Pope's Whisper Hill Farm. Overall, through two days of the four-day auction, 430 head have grossed $31,596,700 for an average of $73,481 and a median of $30,500. With continued strength at the top of the market, the Book 1 average dipped just 3.39% from a year ago, but the median is down 23.75%.

“It started off very healthy,” Keeneland's Vice President of Sales Tony Lacy said of Tuesday's session. “Through the day, there were some spots where it got a little slower, but it ended up really strong. Again, quality was to the fore. You saw some of those young mares, bred to some exciting new stallions were selling extremely well. Farms are reloading again. We saw the same pattern that we saw yesterday.”

The two-day buy-back rate is 27.97%. It was 26.92% a year ago.

Three short yearlings sold for $400,000 or over during Tuesday's session, with a colt by Not This Time and a filly by Candy Ride (Arg) sharing the day's top price of $430,000.

“Foals that were by the right stallions, had the right physicals, vetted, there was a very strong, competitive environment for them,” Lacy said. “There is a lot of confidence out there. Speaking to the sellers, they felt like it was a really good market. The buyers found it to be very competitive to try to buy the stock they were interested in. I don't think it's inflated at all, I don't think it's depressed in any way. I think it feels like a very healthy, fair environment. If you bring the right stock to market, you are going to get rewarded for it. Today was just a continuation of the momentum we saw yesterday.”

With 424 head catalogued for Tuesday's session, only 275 went through the ring.

“It's sort of a factor of the time of year we are in,” Keeneland's Director of Sales Operations Cormac Breathnach said of the large number of outs. “It's a time of year when weanlings-into-yearlings are changing a lot. They don't always vet the way people intend them to vet and they are happy to wait until September in some cases. We did have more outs than we were expecting. They kind of came in early, though, so going into yesterday, we already had a lot of outs, and more than we would have had last year, and we had a couple dozen more during the session.”

With close to 130 outs coming Monday evening, and not during Tuesday's session, Lacy said the scratches might not reflect a lack of interest from would-be buyers.

“A lot of people don't have to sell,” Lacy said. “If they have something they think is in sort of an awkward stage or if they are sitting on an update, if there is something active in the family potentially, they hit pause. That's the time of year we are in. People weren't scratching, necessarily, for lack of action. They were scratching a little earlier for various reasons. It didn't feel in any way that there was concern from sellers.”

Breathnach admitted the decrease in median during the January sale's two-session Book 1 could be a reflection of the polarization of the market.

“The average is fairly close [to the 2023 figure],” Breathnach said. “The median is down 20+% and that's what we watch. That maybe reflects some of the polarization in the market. The top of it is doing well, keeping the average up, but there is some selectivity in the middle to lower levels. It might reflect what brings a premium and what is tougher to sell.”

The Keeneland January sale continues through Thursday with sessions beginning daily at 10 a.m.

Sebago Lake a Late Highlight at Keeneland

Sebago Lake (Tapit) (hip 831), in foal to Justify, sparked a bidding battle late in Tuesday's second session of the Keeneland January sale when selling for $700,000 to the phone bid of Mandy Pope's Whisper Hill Farm.

Hip 831 in the ring | Keeneland

The 5-year-old mare, a half-sister to graded winner Family Way (Uncle Mo) and from the family of Caravaggio, was well beaten in a pair of racetrack appearances in September of 2021 for her co-breeder, Adam Bowden's Diamond Creek Farm.

Eaton Sales consigned the gray mare to the sale on behalf of Diamond Creek.

“She was probably one of the best mares in the sale, in my opinion,” said Eaton's Reiley McDonald. “She's a beautiful mare in foal to the right horse. She's by Tapit and looks like a Tapit. And I also think it helped that there is limited supply at the upper level.”

Sebago Lake, whose first foal is now a short yearling colt by Uncle Mo, was a supplemental entry to the auction.

“I think it was a late decision just to put her in,” McDonald said. “She was the real thing and that's why she sold well. They didn't pay too much and everybody came out of it with a win.” @JessMartiniTDN

Pugh Strikes for Not This Time Colt

Peter Pugh went to $430,000 to acquire a short yearling by Not This Time (hip 685) from the Warrendale Sales consignment Tuesday at Keeneland.

“All of the top people were on the horse coming up here,” said Warrendale's Hunter Simms. “He was very well received. We are honored to sell a horse like that and wish the connections the best of luck.”

Simms continued, “The horse was very straightforward. Good bone on him, very correct, walked well. He was a very nice horse.”

Bred by Petaluma Bloodstock, the bay colt is out of Dalsaros (Unbridled's Song), a daughter of Grade I winner Ask the Moon (Malibu Moon).

Bloodstock agent Kerri Radcliffe signed the ticket at $325,000 to acquire Dalsaros, in foal to City of Light, at the 2020 Keeneland November sale. The in utero City of Light colt went on to sell for $300,000 at the 2021 Fasig-Tipton November sale. The mare's Tiz the Law filly sold for $300,000 at last year's Keeneland September sale.

Of the colt's placement in the January sale, Simms explained, “There were a lot of foals in November and we figured he would stand out here. He is probably the second-highest priced foal that is going to sell at this sale, so we always try to concentrate on placement with horses and finding the right sale and finding the right book to put them in. Whether it's November, January, February, wherever, we try to find the right spot where they will stand out.”

Peter Pugh | Keeneland

After initial confusion about who had actually purchased the colt, who had already been led out of the ring, bidding was opened again and ended at $430,000 with Pugh, signing under the Cherry Knoll Farm banner, as the winning bidder.

“It's always confusing,” Simms said. “There are a lot of people in every doorway and every nook and cranny and trying to be secretive. And it happens. They opened it back up and we were able to get $430,000, which is a nice price for that horse. It all worked out in the end.” @JessMartiniTDN

Candy Ride Filly to Stewart

John Stewart, active at the top level at the auctions last fall, got back into action at Keeneland Tuesday, purchasing a short yearling by Candy Ride (Arg) (hip 497) for $430,000 under his operation's new name, Resolute Bloodstock. The filly was consigned by Stone Farm.

“She was absolutely stunning,” said Stewart's advisor Gavin O'Connor. “She had great size. She just ticked all the boxes for a Candy Ride, especially being a May foal. She was balanced with great conformation and she was squeaky clean. Just a high quality, classy filly. We will probably keep her and play the long game with her. She screams race horse. She is just a fabulous filly.”

The chestnut filly is out of Rags Pauline (Union Rags), a half-sister to graded winner Keen Pauline (Pulpit).

“She came up here and showed great,” said Stone Farm's Lynn Hancock. “She didn't turn a hair and was very popular. She has a great walk and moved well and showed well. I think she got all the right people on her.”

Rags Pauline, with the filly in utero, sold for $80,000 to Jack Hirsch at the 2022 Fasig-Tipton December Digital sale. The yearling was bred by Eclipse Thoroughbred Partners and Spearmaco.

“A client of ours bought her,” Hancock said of Rags Pauline. “I haven't spoken to them yet, but I assume they are happy. It's hard not to be happy with that result.”

Lynn Hancock | Keeneland

The 8-year-old broodmare was bred back to Army Mule last year.

Through two sessions of the four-day auction, Resolute Bloodstock has purchased seven horses for $905,000. In addition to hip 497, the operation acquired stakes-placed 4-year-old filly Smokie Eyes (Nyquist) (hip 134) for $140,000 and Indian Mound (Medaglia d'Oro) (hip 768) for $250,000.

O'Connor said the move of horses into Stewart's new farm in Midway was well under way.

“So far, so good,” he said. “We are over there now. Some of the big girls are over there–[newly acquired broodmares] Puca, Pizza Bianca, and Lenni Girl–and we have a few more coming there this week. We have eight babies over there as well. So we are slowly transitioning the stock from where they are at the moment and getting established.” @JessMartiniTDN

O'Callaghan Goes to $400,000 for Justify Colt

A strong opening bid of $275,000 from the back wasn't enough to scare off P B Bloodstock and Jenny O'Callaghan, who went to $400,000 to purchase Hip 594, the only yearling son of Justify in the sale.

“He's a beautiful horse from the first time we saw him at the barn,” said O'Callaghan. “We knew we had to have him–he was our star horse for the day.”

Hip 594 | Keeneland

The colt, bred in Kentucky by Justice Stables, is a half to GSP Conquest Babayaga (Uncle Mo) and to SP Sorrentina Lemon (Lemon Drop Kid) and out of a half-sister to Canadian champion 2-year-old filly Neligee (Northern Afleet).

“He's by Justify who is an exceptional stallion on turf, dirt, with colts and fillies. We're hoping there will be a big market for him next year. That's the most expensive horse that we bought but we have full confidence in the stallion and he's just a natural horse that possesses so much natural athletic ability. We'll bring him back [to Keeneland] again as a yearling next year.” @SGrimmTDN

Music Street Brings $210,000 Off Falls City Second

Music Street (Street Sense) (hip 449) brought a final bid of $210,000 from Blanco Bloodstock early in the session Tuesday at the Keeneland January Horses of all Ages Sale, capping a racing career for Kim Valerio who initially bought the mare as a yearling at Keeneland in 2020. Campaigned for Valerio along with partners Prakash Sham Masand and Grandview Equine, Music Street finished her career with a second to Xigera (Nyquist) in the GIII Falls City S. at Churchill Downs Nov. 23.

“I love Street Sense and I love [second dam] Xtra Heat,” said Valerio on buying the filly as a yearling. “And she's so pretty. She's such a sweetheart. It's bittersweet really, I didn't want to sell her but I had partners and she's turning five. But I just love her and I'm super happy with where she's going. They take great care of their mares.”

After earning over $295,000 on the track, Music Street sold as a broodmare prospect only to Blanco Bloodstock Tuesday. @SGrimmTDN

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Bidding Back in 2024: Keeneland January Sale Starts Monday

The Keeneland January Horses of All Ages Sale begins Monday in Lexington and continues through Thursday with sessions beginning daily at 10 a.m. Following on the heels of an apparently softening market at the Keeneland November Breeding Stock Sale two months ago, consignors expect to see that all-too familiar polarization continue at the first auction of 2024.

“If you take a nice physical over there–the same as in November–it will stand out and should bring plenty of money,” said Hunter Simms of Warrendale Sales. “I think last year was a good year overall and I don't see any reason why that shouldn't lead to good demand in January.”

Reflecting on the November market, Simms said, “Judging from what we had and looking at the prices of what sold, the higher quality stuff brought very, very good money. The horses that people could fault, whether it was in produce records or older mares with a late cover date, maybe she has had four or five foals and there was no black-type, or if you had a foal and there were maybe some conformational faults or the sire didn't hit with 2-year-olds right off the bat necessarily, those were more of an uphill battle to get sold. It seemed like buyers were a little bit more reluctant to spend big money on those kinds of horses.”

Simms continued, “All of last year, the upper end of the market was very strong, but it was that middle to lower end where it was tough to get a lot of movement on horses, to get multiple buyers. I think that trend will continue. We've seen that trend for a few years now. It all reverts back to, if you have the physical, the right sire, and all of the pieces, your outcome should be good.”

The overall economy may offer a bright spot heading into the four-day January sale, according to Simms.

“I know interest rates are starting to creep down off that seven or eight percent,” he said. “Hopefully that will get some new people into the game that might want to start buying.”

Zach Madden of Buckland Sales agreed the January sale will continue the trend of polarized strength at the top and a weakening in lower strata of the market.

“I think it's going to be the same song and dance,” Madden said. “The stuff that is of quality is going to be very well received and I think foals that vet and walk well and have the pedigree and all of that will be hopefully strong. I think that we are just going to continue to see the same polarization of stuff that people really, really want and they go after and they pay top dollar for and then the sort older or “exposed” mares that just don't have much going for them or are in foal to a stallion that isn't making a lot of noise right now–man, that was really tough there in November and, candidly, I expect that to be worse next week. But I still think the top quality is going to bring a bunch of money and the stuff that is perceived to not be that will be a little softer.”

The 2023 November sale ended with figures down from the auction's strong 2022 renewal causing some jitters from consignors, but Madden saw reasons for optimism, particularly in the foal market.

“I know a lot of people were kind of doom and gloom over the market in general, but stepping out of the middle to top-end type of foal, they were bringing really good money,” Madden said. “I think there was an over saturation of buyers and not enough quality offerings. Why that is? I have no idea. But as people got their sea legs into books three and four, buyers who were looking at that $100,000 and down foal, I felt like that was really competitive. And I think a lot of people didn't fill their orders, so I do think that will be strong.”

Madden continued, “I sort of think that 'sky is falling' mentality overshadowed the, 'Hey, the foal market is pretty good.' It's obviously one sector of the whole market, but everybody wants to talk about how bad stuff is, and at the end of the day, I still feel like that quality and the foal market are going to be two strong things, hopefully, leading into next week.”

In all, 962 head grossed $45,408,300 through the ring last year for an average of $47,202 and a median of $19,000.

Ancient Peace (War Front), a supplement after breaking her maiden just weeks before, brought the 2023 January auction's top price when selling for $650,000.

The most recent supplements to this year's January catalogue include Sophia Mia (Pioneerof the Nile), whose first foal Speed Boat Beach (Bayern) captured the Dec. 26 GI Malibu S., and who sells in foal to Not This Time; and the 5-year-old mare Angel Nadeshiko (Carpe Diem), who won the Dec. 30 GIII Robert J Frankel S.

The final 10 supplements announced last week bring the total January catalogue to 1,477 horses.

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Consignors and Commercial Breeders Association Installs New Board Members

The Consignors and Commercial Breeders Association (CBA), whose 300-strong membership accounts for over 80% of the annual auction revenue in North America, elected new officers and board members at a recent meeting, the organization said in a release Wednesday evening.

The CBA's 15-member Board features eight members from the top 20 consignors and seven members from other consignors and commercial breeders. Each year, a portion of the Board completes their term and new members fill the positions. Joining the board for 2024 will be Lakota Gibson (Gainesway), Jill Gordon (Highgate Sales), Robyn Murray (Coolmore), and Hunter Simms (Warrendale Sales).

“I'd like to thank Liz Crow, Conrad Bandoroff, Adrian Regan, and Sean Tugel for their service to the CBA over the last three years,” said CBA President Walker Hancock. “Their input and participation has been invaluable and has helped increase the CBA's reputation throughout the industry. We look forward to welcoming the new board members as we continue to strive to better serve all consignors and breeders.”

Continuing their terms on the Board are Carrie Brogden (Machmer Hall Sales), Neal Clarke (Atlas Farm/Bedouin Bloodstock), Pat Costello (Paramount Sales), Tommy Eastham (Legacy Bloodstock), Lynn Hancock (Stone Farm), Walker Hancock (Claiborne Farm), Scott Mallory (Scott Mallory, Agent), Samantha McGreevy (Taylor Made), Allaire Ryan (Lane's End), Rob Tribbett (Watercress Farm), and Caroline Wilson (SF Bloodstock).

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The Rock on Which Cain was Raised

They had raised him-and now they were raising the roof. “I think he's number 12,” Codee Guffey was saying. “I think that's him?!” If he wasn't sure, if in fact he was nearly incredulous, it was not because he had got the number or the silks wrong. Of course he knew the horse perfectly well, muddied as he was, with that white patch on his forehead. It was just that Raise Cain (Violence) was suddenly putting it all together in pretty unrecognizable fashion, relative to five previous starts that had made him 23-1 for the GIII Gotham S.

“He was on that rail, at the turn there, but then bounced outside and got to the center of the track,” Guffey recalls. “And from there, well, he just put on a show.”

Sure, the placed horses had also been way off the early pace. But Raise Cain left them for dead, too, checked in his run before bursting seven and a half lengths clear. And whatever he does from here, Guffey and the rest of his family are ecstatic to have produced a GI Kentucky Derby contender within a decade of founding Rock Ridge Farm as complete outsiders to the industry.

Raise Cain's dam is one of only 15 mares at this boutique, 274-acre operation near Versailles, established by Guffey's uncle Kerry Smith, his wife Lou and their son Joe. It's a genuine family affair, with Guffey residing on the farm with his wife and their young daughter, while also maintaining a role in Smith's construction business. So while even the biggest Bluegrass farms would be abuzz after last Saturday's race, you can imagine the glow suffusing one as intimate as this.

“We're all over the moon,” Guffey confirms. “We can hardly believe that we raised a colt that's currently sitting fifth on the Derby leaderboard. We've had others that we thought might bring us that recognition, but you get used to your hopes getting let down. At some point you kind of become numb to it, it's just racing, you can't assume or guarantee anything.

“Raise Cain hadn't run a bad race yet: some better than others, but he'd shown the potential to run respectably. But to see him run a monster race like that was a total surprise, and had us all just extremely proud to even be associated with him. And we're very, very hopeful he'll go on from here.”

Raise Cain is out of Lemon Belle (Lemon Drop Kid), acquired for $285,000 as an 8-year-old at the 2018 Keeneland November Sale. She had won only a sprint maiden in a light career but was a half-sister to GI Breeders' Cup Ladies' Classic winner Unrivaled Belle (Unbridled's Song), whose daughter Unique Bella (Tapit) had recently rounded off her career with a third Grade I win. And, crucially as things have turned out, Lemon Belle was carrying a foal by Violence.

When she delivered an outstanding colt, it was quickly decided that she should return to Hill 'n' Dale for a repeat cover. After all, Rock Ridge had already had a good experience with Violence, having bought a mare carrying a filly from his debut crop that made $235,000 as a yearling.

“Typically, we don't keep colts,” Guffey says. “But Lemon Belle's first Violence colt was such a super physical that we certainly tossed that idea around. We did end up selling him, at the Keeneland September Sale for $125,000. Unfortunately Violence didn't really have a lot going for him at that time, but Kip Elser spun him around as a 2-year-old and Spendthrift bought him for $550,000. They named him Nasty Habit, Bob Baffert had him for a while, and I think he bounced around to a couple different trainers without making a start. But I did see he's now back on the work tab [breezed at Payson Park Sunday].”

It would be a bonus if that colt can repay such perseverance, but the stakes have now been raised for the dam regardless.

“So then she had this second Violence colt,” Guffey says. “And he was just like his brother, a beautiful yearling-which Violence will get you. Though he follows the mare, too, in that she's extremely classy and handles everything so well. He was the same, always a good-looking, classy horse, definitely a favorite in our crop that year.”

With Violence having meanwhile renewed commercial momentum, the colt we now know as Raise Cain made $180,000 from Andrew N. Warren, again at the Keeneland September Sale, but conversely proved no kind of pinhook-returning from OBS the following June as a $65,000 RNA.

“I was disappointed when I saw he was in the 2-year-old sale, and then didn't even get sold,” Guffey admits. “I thought maybe he had regressed. But I'm glad they hung in with him and saw it out, because they're being rewarded now.

“I was interested to read Ben Colebrook complimenting the horse on how well he handles things. He thought he'd navigate the larger field better than he would a small one, and that didn't surprise me at all: he was just so laidback and easy-going from day one.”

Guffey and his family find themselves well placed to profit now, having since ponied up fees for Lemon Belle to visit Constitution-their son was safely delivered just a couple of weeks ago-and Justify next.

“I was just so positive that one of her Violence colts would hit, so we rolled the dice a bit,” Guffey explains. “So you could say Raise Cain is kind of hitting just at the right time for that mare. We loved her pedigree when we bought her. She's quite a plain Jane, she's Lemon Drop Kid, doesn't have a lot of chrome on her-but she's a pretty mare. And with the strength of her family, that's probably what interests us more than anything at this stage: trying to buy into really deep families, and to keep some fillies to build off of that.”

Unfortunately they haven't yet got a filly out of the mare, who has now given them four colts in a row. Otherwise, however, Lemon Belle is becoming a model for the evolving strategy: keep the quantity limited, gradually increase the quality.

“When we bought the farm, I had just graduated from U.K. and my uncle just pitched the idea on our way home from Keeneland one day,” Guffey recalls. “Living in central Kentucky, we'd always enjoyed going to the races there, but when he said how about finding some Thoroughbred mares, I thought he was crazy. But we're all very tight-knit, I worked for his company, and so I thought, 'Well, if that's what he wants, I'll make it happen.'”

The land had to be good, out there on Grass Springs Road, if the neighbors included the likes of Pin Oak and Woodford Thoroughbreds. It had been lying idle for a while, having been part of the ill-fated ClassicStar venture, and needed some patching up.

“But we jumped in there and made repairs and improvements,” Guffey recalls. “A real labor of love, that's for sure. And the following fall we went to the sale and started buying mares. It was a little intimidating. You're a new buyer and everybody comes running, wanting to sell you something. But we still have a couple that we bought that first year.”

To be fair, they actually felt a degree of comfort with the whole environment, as longstanding breeders of pedigree cattle.

“This is on a much larger scale and, obviously, takes more money,” Guffey acknowledges. “But the purebred cattle, where you're evaluating pedigrees and matings, made it easier to catch onto, I guess. Just doing your nightly research, you catch on pretty quick to what sells. And actually I've got registered Angus and Hereford cattle right here on the horse farm. Six months later, there may be yearlings in that same field. They coexist on our farm, and I think they complement each other.”

Guffey stresses his gratitude for the mentorship of Hunter Simms of Warrendale, who handles all their sales, and also to Dr. Jeremy Whitman of Equine Medical. But while he will always bounce ideas around with Simms, in reducing his shortlists of potential purchases or matings, ultimately Rock Ridge do everything on their own account.

“Everything takes place here on the farm,” Guffey says. “Our farm manager is Mike Bryant and since adding him to our operation, around 2016, he's really helped move our program forward. But yes, we do everything ourselves. Hard work was bred into my family, and that's how they raised me and my cousins as well. Work hard and put in the time, and you'll be rewarded.”

The time, of course, itself being a type of work.

“That's what I tell everybody,” Guffey emphasizes. “You've got to be patient. You buy these mares, and you've got to give them a couple foals to see how they're going to produce. Well, you're talking about eight years before you can begin to see what you've got. So that's what feels good right now, to be approaching that timeline where we're starting to see the fruits of our labor.”

In playing the long game, Rock Ridge always have a little ongoing action on the racetrack, too, sending Dallas Stewart and Helen Pitts either nicely-bred fillies bought as yearlings, or one or two homebreds that don't get an adequate market response.

“Right now we have a nice filly named Alexa Lou, she's by Speightstown out of a full sister to Rachel Alexandra (Medaglia d'Oro),” Guffey notes. “We bought her from Stonestreet as a yearling [$285,000 RNA] and she broke her maiden second time out at Churchill in the fall. She had to come home for a little while, had a screw put in a knee, but she'll start back jogging [with Stewart] next couple of weeks and we're real excited about her.”

Their biggest racetrack thrill to date was the GIII Peter Pan S. success of Promise Keeper (Constitution) a couple of years ago. He was bred on the farm but Rock Ridge were welcomed back into partnership by Woodford Thoroughbreds and WinStar. His mother Mira Alta (Curlin) now has an Essential Quality filly at foot and was only this week favored by an audience with Flightline himself.

“Now that we've gained a bit of confidence in what we're doing, we're starting to breed these mares to better stallions,” Guffey explains. “And also trying to buy better mares, which is easier said than done. Starting out, we wanted to cut our teeth a little. But we feel good about where we're at, and confident about putting more in them.”

Casting his mind back, Guffey marvels at everything that has grown from that first, nearly throwaway remark by his uncle.

“He's a risk-taker,” he says admiringly. “I mean, he started his construction company 40 years ago from nothing, so that was most definitely his style. He likes to throw you to the wolves and let you figure it out! So you've got to be willing to put in the work, and fight through the harder times and see it through. And we've definitely done that.”

Guffey was getting married right about the time the venture was getting underway. When he told his fiancée Hailey what his uncle was suggesting, she said: “Do you realize how hard that industry is? Are you sure you know what you're doing?”

“No, I really don't know what I'm getting into,” Guffey replied. “But we're going to try it anyway.”

“Living our whole lives in the Lexington area, I guess you get somewhat educated in parts and pieces of it,” Guffey reflects now. “So she knew well enough that it was a very tough game. But we've had a lot of fun, we've met some great people and we love raising these foals. This is my favorite time of year, when you get to see the babies born and watch them grow. Our little girl is only three but loves when we all go to the barn together. And my uncle and aunt, and all my other family, come out on the weekends to look at the foals and it's kind of an escape from the day job.

“So while I doubt I fully understood what my uncle was getting at, that day, I definitely don't regret it. Like I said, it's disappointing when horses don't pan out quite the way that you hope. What we hope for, when we go to the sale, is that these horses will get in good hands so that they can do some of the work for us and improve the mare's page. You can't do it all yourself, the way those larger operations can. So when one comes along like Raise Cain, it's surreal. When we got into it, raising horses of that quality was what we dreamed of. And knowing that they're few and far between, we're going to enjoy every second.”

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