While there isn't much speed breeding there, he does has a lot of cow bred horses further back.
Unfortunately, unless he really performs well, he doesn't have a pedigree that hollers 'barrels & poles'. That is why he will need to prove himself and do it well, if you want to stand him at stud.
I'm going to answer some of what else has been said in this thread. I believe breeding animals should be proven. Whether that be in the show pen or through work or through their offspring. You can't say a stallion has proven himself if all he has done is produced a cute baby. That has proven that his testicles work. Once that foal is older and has been started under saddle and starting to be used, then I can admit to the stallion as a proven animal. Until then, what do you know about the foal? Even good looking horses that are a dream to handle on the ground can be complete bums to start under saddle, and as I have said before, what good is a hard to start horse?
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