My friend, Stacie, bought a mustang mare from the Rutgers University young horse auction two years ago. At that time, Rosie was 2 years old and had just been groundworked.
Students in the program do all the horse care and basic training, as well as monitoring the feeding and general health care of the horses. In the last few years, they have added American Mustangs to their program. At the end of the school year--in the Spring--they auction the horses off to the general public.
Stacie sent Rosie to a trainer for a month and now has her back home. Aside from a gallop off or two, Rosie has been a star pupil. Personally, I think she is adorable.
Here's a picture of Stacie riding her a week ago or so:
Looks like the start of a great partnership.