After dinner, the group drove to the Lake Valley Horse Farm.
The management status of the ranch in the Lake Valley has not been very good. Except for the river valley area, the rest of the area is like the Gobi Desert, with an area of 3,400 hectares costing only US$2.3 million.
When you buy a ranch, you also have to take over the original workers on the ranch.
There are currently 7 workers at Snow Mountain Ranch, 1 worker at Roger Fork Ranch, and 3 workers at Lake Valley Ranch. Creek Ranch, a pure family ranch, does not have a single employee...
When you first arrive in the prairie of Montana, with the Judith Snow Mountains as the background, you may think that the environment here is magnificent and the scenery is pleasant.
There are more than a dozen horses in the racecourse, quarter horses and crossbreds, none of which are expensive breeds.
Also and two young cowboys from the Lake Valley Ranch are repairing the stables and laying out clean new hay...
"Hi, boss, Mr. Bai, Mr. Zhang." Atsol held a cigarette in his mouth. Seeing Chen Mo coming over, he quickly threw it on the ground and stepped on it.
"Help us choose some docile horses." Chen Mo walked over and looked at the horses in the stable.
I visited once before and all the horses in the stable were dirty. Now they are clean, but the horses are not beautiful.
Some of the crossbred horses looked even more scrawny.
The young cowboy in charge of the stables helped Chen Mo and the others select a few horses, five exaggerated horses and two cross-bred ponies.
The pony is weak and can only be ridden by Hill and Zhang Yan...
Hill can ride a horse, install the pommel himself, and ride on the horse easily...
Bai Xiaoou can also ride a horse, but he can't get on the pommel horse by himself. It took a lot of effort for a group of people to get on the horse. Even Chen Mo was frightened... Atsol knew that many of them couldn't ride a horse, so he just rode
He followed up with a strong crossbred horse and walked with him all the way, explaining the riding posture and things to pay attention to.
Everyone was riding docile horses, and there was an accident. Fortunately, no one was injured...
…
Everyone left after playing at the ranch for two days.
Chen Mo drove Hill to Billings Airport. Jenny and Demi, two beautiful Montana girls, were going to Los Angeles. Hill held them in his arms for a long time and refused to let go.
Jennifer is also there, but her relationship with Bai Xiaoou is stable. They haven't gotten married yet and are already working as a full-time housewife.
Although the temptation of the big city is great, Jennifer is still willing to seize the moment.
Chen Mo and Hill have only been together for a short time, and their relationship is far from stable...
At night, Hill lay in Chen Mo's arms and couldn't sleep.
"What's wrong?" Chen Mo said.
"The house will be filled with other tenants in a few days."
Chen Mo kissed Hill: "Move to the Snow Mountain Ranch and live with me."
"I don't like life in the country. It's not convenient to do anything. When we were young, Jennifer and I lived in the countryside of the Rocky Mountains. There were four farms in one valley... We were neighbors. We met each other once and rode for ten minutes. We
Neither of us likes the countryside, and our academic performance is not good. After graduating from high school, we came to the largest city in Montana... We are very happy to live here."
Chen Mo also lives in the countryside, in a mountainous area.
The countryside of Montana and the countryside of China are completely different concepts. For example, Chen Mo's hometown village should be considered a town in Montana... There are usually no small shops in the villages, and the small town of Judithga also only has one bar.
, you have to drive dozens of kilometers to buy daily necessities.
Chen Mo just took out a loan of 8.5 million, and there is no way he would give up the ranch for Hill. If two people want to be together, judging from the current situation, one party must accommodate the other.
In the end, Hill resigned and spent a happy time with Chen Mo at the Snow Mountain Ranch.
Chen Mo wants to build his own large ranch. He has just acquired three ranches with loans, expanding the Snow Mountain Ranch to 9,250 hectares... Several ranchers who got the money have chosen to leave the town.
When Chen Mo purchased these three large ranches, other ranches came to inquire...
"This is the current situation of Snow Mountain Ranch. How much can I borrow?"
Chen Mo reported the current status of Snow Mountain Ranch and future development plans to Wells Fargo Bank. The bank manager frowned and carefully read these documents page by page...
In the area where Snow Mountain Ranch is located, if there are no snow mountains, the land will be worthless.
Except for the fertile land in a few river valleys, the larger area is barren grassland, a desolate Gobi desert that no one wants even if they pay money...
The Snow Mountain Ranch has now cost 16.5 million US dollars. As far as it is concerned, it is not worth that much money. What is valuable is... the Snow Mountain Ranch can raise high-quality organic sheep.
Before Chen Mo came over for a loan, an investigation team went to Snow Mountain Ranch to conduct a detailed assessment.
Snow Mountain Ranch can produce high-quality mutton, and it should also produce good beef.
The sheep were purchased from other pastures and were just ordinary Dorper sheep. Other pastures could not produce high-quality mutton, but Snow Mountain Pasture bought the sheep and raised them for several months... It must be a problem with the grain mix.
This is valuable and is the core secret of Snow Mountain Ranch.
"30 million."
Chen Ou was startled for a moment.
"30 million, plus the previous 8.5 million loan... We can even modify the loan interest, and the annual interest is only 5%. As collateral for the loan, we need the entire snow mountain pasture as collateral, and... the grain from your pasture
Feeding formula.”
formula?
Chen Mo was stunned again and took several seconds to react.
The pasture can raise high-quality mutton sheep. Wells Fargo must have thought that Chen Mo had some kind of formula here.
For example, mutton that reaches first-class standards cannot be grown by feeding grains, but is a matter of breed. Just like Wagyu...
Dorper sheep is known as diamond-quality mutton. But not all ranches can raise diamond-quality mutton...
These start with breeding and are cultivated step by step. Ranches that can produce high-quality meat usually have a long history and their own breeding system.
Obviously, Snow Mountain Ranch does not have such qualifications. It is most likely that it has some formula.
"The grain formula and how to raise it are the core secrets of a top ranch and cannot be leaked." Chen Mo shook his head. The ability to raise good sheep was all due to the space alfalfa. How could he have any formula?
"We only need the formula as collateral, and we don't need you to take out the formula. A five-year loan. If you don't repay the loan after five years, the formula you own will have to be handed over to us for auction... At the same time, within five years, the grain from Snow Mountain Ranch will
The formula cannot be leaked. If the formula is discovered to be leaked, our bank has the right to re-evaluate Snow Mountain Ranch and require early repayment of the debt..."
"The loan can only be used for the expansion of the Snow Mountain Ranch and the improvement of ranch facilities... and cannot be used for other purposes."
"Before the loan is repaid, our bank will supervise the account fund status of Snow Mountain Ranch to facilitate a clear understanding of the ranch's operation and further evaluation. This is beneficial to both of us, and is equivalent to the introduction of a third-party supervision system by a large company.
, to prevent corruption within the company and the misuse of funds.”
‘Bank supervises company accounts’, and the bank becomes the company’s account steward.
From now on, every fund coming in and out of the ranch will go through the Lewistown branch of Wells Fargo Bank, including the payment of wages to workers, the purchase of the ranch, construction funds, etc., all flowing out through Wells Fargo Bank. All the ranch’s income will also be deposited in Wells Fargo Bank...
The bank will record every detail in detail, and the tax declaration issues of the ranch will also be left to the bank...
In this way, the work required by the ranch accounting department will be much easier, and it will be very convenient to check the accounts. But this is a fee-based item, and money must be paid to the bank every year... To put it more simply and straightforwardly, it is equivalent to the bank taking over the work of the accounting firm.
.
For a loan of US$38.5 million, the annual interest payment for the first four years is US$1.925 million. In the fifth year, the principal plus the interest for the last year needs to be paid back US$10,000.
30 million, get it first and then decide whether you can repay it... The worst is to buy a piece of land in Alaska to "dig for gold" in a few years, and the worst case scenario is bankruptcy.
There were not many opportunities to expand a large ranch. After taking out the loan, it took just over a month to expand the Snow Mountain Ranch to 35,000 hectares... And Hill finally couldn't stand the busy Chen Mo every day and the boring life of a remote ranch, so he left Chen Mo.