Raw talent transformed into a first stakes success for 2012 Gold Coast Magic Millions sale-topper Bull Point at Caulfield on Saturday.

Sent to Melbourne for a first up tilt at the G3 Manfred Stakes (1200m), the Gai Waterhouse trained colt looked a completely committed competitor when he jumped well and settled just behind the leaders for Damien Oliver.

At his last run before spelling, Bull Point had ettled a conspicuous last in the G1 Golden Rose before charging home for third, but this time around there was no sign of any waywardness.

He raced genuinely throughout and when asked to accelerate did so smartly, dropping his rivals to go on and win by over a length.  “He’s a quality colt this bloke,” said Oliver.  “He pleased me when he worked in blinkers the other day and showed nice acceleration today.

Bookmakers reacted by firming him into a $6 favourite for the G1 Australian Guineas (1600m) at Flemington on March 1.

A $960,000 Magic Millions purchase for Coolmore Stud and various partners including Peter Barnett, who was on hand for his return to scale.  “He has enormous talent,” said Barnett.   “We saw what he was capable of in the Golden Rose, but we have to keep him focused.”

Bull Point (3c Fastnet Rock – Rose of Cimmaron, by Bite the Bullet) is one of a number of high profile purchases made by Coolmore and partners at the 2012 yearling sales with the goal of creating stallion prospects.

“We purchased mostly colts by Fastnet Rock as well as one by More Than Ready and one by Henrythenavigator,” Barnett revealed.  “The results so far have been encouraging, but I think Bull Point would be the most promising of the group.”

Bull Point is a three-quarter brother-in-blood to Fastnet Rock stakes-winners Amah Rock and Upon This Rock.  He is the first foal of Rose of Cimmaron, a winning sister to Group 3 winner Mica’s Pride, the dam of stakes winners Criterion, Varenna Miss and Silently.

Fastnet Rock has now sired 54 stakes-winners.  He has 10 yearlings for the Inglis Melbourne Premier Yearling Sale to be followed by 55 yearlings at Inglis Easter.