Re: More on Pacific Imperial Railroad chapter 11
Author: SpringSwitcher
Date: 10-29-2016 - 18:47
BOB2s Wrote:
-------------------------------------------------------
> I retired in 2008 and did some consulting. That
> is when I was last involved. I was not impressed
> with the earlier management team, either.
Sweetwoods team failed tof hire the real investor by getting tricked into the Las Vegas con.
> All of these folks talked a lot of nonsense about
> the traffic potential, and of how "if only" a
> "white knight" with the vision could provide the
> cash (be it the "evil" gubmint, the "deep pockets"
> Port, or an "investor" be it mysterious foreign,
> and/or domestic....????).
True.
> The "con" artists, as you, among others, have
> describe them, at about that time, were seen as
> the fulfillment of the "prophecy", of that
> "savior" "visionary" "investor", which as you
> note, in the end, they were clearly not...?
Correct. They weren't the chosen ones. The Oracle was proven wrong.
> There is still talk of opening back up from the
> Baja group, but I still don't see a rail traffic
> base that would produce enough revenue to justify
> even the minimum $50-100 million dollar
> investment to bring this up to a reliable state of
> "minimal" good repair for a base of through
> traffic to the UP...... But, sand and aggregate
> on the east end might actually work. So this sage
> will likely continue to provide plenty of
> entertainment and troll fodder for a few more
> years.....
It's Altamont Press what do you expect? The question is who is funding the Baja RR...
> But, if someone ever has the "where with all" to
> open a tourist line through the Gorge, I'll sure
> buy a ticket on that......
Me too.
Al A.