Giant's Causeway stud fee boost

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Mike
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Postby Mike » Mon May 16, 2005 3:51 am

Hi FOS
I agree that he's definitely high risk at that price ($200k), especially for dirt. Not so expensive down here. There are plenty of examples of horses not doing it down here after they perform in Europe though. (both being turf) This guy with do it top and bottom!!

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FOS
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Postby FOS » Mon May 16, 2005 7:36 am

hi Mike

Based on how Giant's Causeway seems to be defining himself...do you agree that he seems to be a perfect fit for downunder? It'll be interesting to see what Coolmore does with his southern hemisphere stud fee.

Are any of the Australian racecourses/tracks Dirt...or is Turf (and/or possibly artificial) the only surface(s) available for racing?

How's your GC filly coming along...are you pleased how she's progressing?

Best to you.

Respectfully

Mike
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Postby Mike » Mon May 16, 2005 2:20 pm

Hi FOS
All the tracks here are turf apart from a couple of country tracks which have no influence on racing overall.
On the face of it GC has to do it on our going but it's happened before that they have done well in Europe but not here so the proof will be when they race here.
My filly is progressing well. She is not overly large but she is a first foal. She's very strong. I've only just weaned her recently and she is typical of the breed in that she has a mind of her own and one must be careful with her. She learns quickly also. Apparently they come in all sizes which may or may not be a good thing.
One thing that I'm certain of is that they will be more suitable to our conditions than Fupegs.
Giant's Causeway is $Aus77K for this season coming. He would need to do big things this season to warrent any movement on that. Redoute's Choice is flavour of the year here and he would have to knock him off his perch together with Encosta de Lago. Redoute's Choice stands at $220K this season and Encosta at $130K. Redoute's got 14 stakes winners in his second crop, from memory. His second crop is this season which has not finished yet!! His 3yo's have not contributed though. (1 I think)
What do you think of Lion Heart's chances?

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Pete
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Postby Pete » Tue May 17, 2005 8:13 pm

Hi all,

FOS, many months ago you made some points about Giant's Causeway's conformation that you felt wouldn't be compatible with wide spread success in North America. At that time I said that I wasn't ready to call him a failure. I've now seen several of his foals run on the dirt and feel that your assesment of them on dirt showed excellent insight. They have shown greater ability on the turf and he may prove to be a top sire for that surface, but I don't believe that we'll see a willingness on the part of top North American breeders to continue sending their best mares to a stallion who can't get them NA classic contenders, especially at a fee level where there are several others who can.

KAL, Giant's Causeway went out to stud at $135k, fell to $100k, then $75k and now a steady increase to the current $200k. The bottom line is always weather you can make a profit breeding to a stallion. I don't believe that breeder's who paid $150k or more (thie year) will be in favorable positions in 2 years when they are selling the foals from their in-foal mares.

Freud was well handled by Becky Thomas' Lakland North operation (the same folks who made Precise End last year). I've encountered several people who decided to breed to Freud based on solid numbers for some of his 2yos in training. Sales prices of 2yos is not a reliable harbinger for future success in the sales. Signal Tap sold a 2yo for $360k (Bensonhurst's Best) and was gone from NY three years later with complete commercial collapse a year before (when the breedings based on BBest - and there were several) were selling into a $4k average).

I wish all who bred to Freud the best of luck, and his fee is low enough so that he doesn't need a lot of success to keep some value in his foals, but to anyone who will be selling yearlings, 2yo prices aren't very meaningful.

With luck, Freud will play St. Ballado to Giant's Causeway /Devil's Bag.

Regards,

Pete

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Added another Classic to the list

Postby Georgerz » Sun Jun 05, 2005 1:39 pm

Shamardal (by Giant's Causeway) won the French Derby today. That makes three classics and two classic winners for the first crop of Giant's Causeway. That's a feat not too common.

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Postby ef » Fri Jun 17, 2005 11:20 am

Giant's Causeway registered a double at Royal Ascot at York this week, when Shamardal ran away with the St. James' Palace and Maids Causeway gallantly won the Coronation. He also had Mona Lisa, who finished 3rd in the Coronation, and Aragorn, who finished a promising 8th in the Jersey.

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Postby dorsy » Sun Jun 19, 2005 12:29 am

A Giants Causeway weanling sold for $660 000 Au last week at the MM Sale on Gold Coast. A big risk for one so young. Vendor was very happy though.

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Postby Mike » Sun Jun 19, 2005 2:05 am

Are you sure?
I thought it was a Rock of Gibraltar

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Postby dorsy » Sun Jun 19, 2005 4:00 am

You're right. Sorry. Not thinking straight with headcold and i was actually at the sale. :roll:

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Postby onalimb » Mon Jun 20, 2005 5:35 pm

I see his full brother is listed entered stud 2005 for 6000.00 tumblebrutus
onalimb

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Postby TBLADY » Tue Jun 21, 2005 3:46 am

We will see what happens with Tumblebrutus...Walmac was offering this stallion at 1/2 price to breeders who were dropping their foals in any state outside of KY.

Does anyone know how Roar Of The Tiger was doing in Fla?

there is another full brother....is he still raicng?
Fins to the Left....

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Postby austique » Tue Jun 21, 2005 8:54 am

Walmac was listing Roar of the Tiger full in Florida. Walmac's deal for out of state foals which are registered in a state bred program is 30% off (I think) and they offer that on almost all of their lower priced stallions. I actually bred a mare to Tumblebrutus and the owner of the boarding farm I use found him to be quite attractive. My question is will Coolmore have to eat crow and drop Giant's Causeway's fee for next season to fill his book given his astounding lack of success with dirt runners or will they handle it in an under the table fashion? He certainly is getting the big ones in Europe, but is that enough to keep his stud fee inflated here.

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Postby LSB » Tue Jun 21, 2005 10:15 am

I very much doubt that Coolmore will even consider dropping Giant's Causeway's stud fee for next year. He's been a huge success in europe and even if the American breeders don't flock to him based on his record here, Coolmore can fill his book with their own mares.

What I wonder is at what point might they consider moving him back to stand at stud in Ireland again?

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Pete
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Postby Pete » Tue Jun 21, 2005 10:56 am

Hi LSB,

I completely agree.

If this was November I believe Ashford would raise Giant's Causeway to $250k to position as a less expensive alternative to Kingmambo (I'm laffin' but not kidding) or all the way to $300k to challenge him directly.

If support slips here in the States slip, look for Giant's Causeway to be moved to the UK in anticpation of suceeding Sadler's Wells, rather than trying to augment his book from their own mares. They'll still breed their own mares to him relentlessly but the Europeans have a lot more reason to like GC than we (NA) might.

If Giant's Causeway was getting top dirt runners, you would see Ashford start to position him to challenge to succeed Storm Cat. Not likely, but I'm sure that was their intention by bringing him here. They've not given up on this yet (I believe) and will keep him here at least 1-2 more years.

It's not a matter of whether he was bound to get some good horses given his book quality and quantity - it's the simple fact that he proved that he can get a top class horses as evidenced by Shamardal and Maid's Causeway.

Ashford's not the only one spinning as Lane's End lists Kingmambo's progeny earnings from around the world - Japan included, $55 million to date. Bet you didn't know that Kingmambo topped $10 million in 2004?

It's a sales job and as long as the US breeder's feel that Giant's Causeway may get a champion I don't see his fee dropping - even if it's a turf champion.

Regards,

Pete
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Postby LSB » Tue Jun 21, 2005 1:15 pm

Hi Pete,

Did you see the announcement that Kingmambo is through breeding for the year? Due to his various problems, he covered a total of 36 mares.

So unless he returns next year healthy and ready to breed, his position as the top US turf sire may well be vulnerable.