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South Island Pinhooking Boasts Successful Results

South Island Pinhooking Boasts Successful Results

For those astute buyers looking to purchase two-year-olds from New Zealand Bloodstock's South Island Sale to sell at the Ready to Run Sale in November, history shows the results can be highly lucrative.

A timely reminder of the merits of pinhooking from the South Island Sale of Two-Year-Olds & Mixed Bloodstock came just a few weeks ago when St Peters Gift (St. Petersburg x Royal Pass) won his second stakes race of the season in the Listed Macau Director's Cup.

A $30,000 purchase from Leafland Stud by NZB as Agent in the 2008 South Island Sale, St Peters Gift was offered by Anzac Lodge in the 2008 Ready to Run Sale where he was purchased by NZB as Agent for $100,000. A half-sister to St Peters Gift by Towkay will be offered in this year's South Island Sale by Leafland Stud at Lot 119.

In 2009 Cavallo Agistment Centre purchased a Spartacus colt from their draft in the South Island Sale for $1,400 and offered the colt at the Ready to Run Sale where he was purchased by Singapore-based trainer Michael Freedman for $45,000.

In the same Sale, Newberry Farm offered a Rusty Spur colt which was purchased by NZB as Agent for $21,000. The colt was later offered at the Ready to Run Sale by Venture Thoroughbreds and was purchased by Robbie Heweston for $52,000.

Last year's South Island Sale saw the trend continue with a number of buyers making successful pinhooks from the South Island Sale. R & R Bloodstock made a healthy return when purchasing a Yamanin Vital colt from White Robe Lodge for $5,000. The colt was later offered in the Delahunty Farm draft where he was purchased by Stephen Gray for $50,000.

Phill Cataldo Bloodstock was also in on the action, purchasing a His Royal Highness colt from Hedwood Thoroughbreds for $15,000. The colt was later offered by Cavallo Agistment Centre at the Ready to Run Sale and was purchased by Terence Crommelin of Western Australia for $50,000.

When looking at the merits of pinhooking horses from the South Island Sale for the Ready to Run Sale in November, there is a strong case that backs up what have been some very successful results.

Over the last few seasons New Zealand thoroughbreds and Ready to Run graduates have continued to prove themselves at Group 1 level in New Zealand, Australia and Asia. With the increased size and strength of the international buying bench at the Ready to Run Sale, and the results these horses have been achieving on the track, the market for New Zealand 'ready to run' two-year-olds is strong and is growing.

The South Island Sale provides prospective buyers with a unique opportunity to purchase untried, sound and athletic two-year-olds from a proven Sale that produces Group 1 winning horses, and pretrain, breeze and prepare them for the Ready to Run Sale three months later where successful pinhooking results can be obtained.

New Zealand Bloodstock's South Island Sale of Two-Year-Olds & Mixed Bloodstock will be held at Canterbury Agricultural Park, Christchurch on August 12 from 11am.

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