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Re: CORP & Coos Bay
Author: Jeff Moore
Date: 06-18-2008 - 22:25

...and to add to what shortline sammie said, whatever anybody pays for the line through the abandonment/offer of financial assistance process will be determined through whatever the "Net Liquidation Value" for the line is set at. Whatever CORP paid for the line in the first place will have no bearing on what it is sold for now. Given what has happened to scrap prices, CORP/RailAmerica/FIG may stand to make out pretty good on this one.

I'm still waiting to see anything out of the state of Oregon or the Port or the shipper's group explaining how they plan to operate a profitable railroad where private industry could not.

Jeff Moore
Elko, NV

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Subject Written By Date/Time (PST)
  CORP & Coos Bay Coos Bay Railfan 06-17-2008 - 07:53
  Re: CORP & Coos Bay Treun 06-18-2008 - 08:10
  Re: CORP & Coos Bay SPKid 06-18-2008 - 13:23
  Re: CORP & Coos Bay shortline sammie 06-18-2008 - 19:57
  Re: CORP & Coos Bay Jeff Moore 06-18-2008 - 22:25
  Re: CORP & Coos Bay Mike Root 06-19-2008 - 06:48
  Re: CORP & Coos Bay Bill C 06-19-2008 - 15:47
  Re: CORP & Coos Bay sp_Redelectric 06-19-2008 - 19:15


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