No tar paper shacks here. The ranch presented at 0:55 may be in Vale, one of the off-range pastures contracted by the BLM. Only $37 million.
The Facility Report posted with other WHBAB meeting materials indicates it has a capacity of 1,000 geldings—stallions taken off their home range, cut, and sent there to die, in favor of the public-lands ranchers, courtesy of American taxpayers.
Nice work if you can get it.
Western Horse Watchers Association 