Re: Mccon job offers to buy Mt Hood SLRG to run out of cash by October
Author: Wheeler Dealer
Date: 09-01-2020 - 11:52
Wait until they're desperate to recover any money they can; then, offer $500,000 - or a lot less.
Shortline Sammie Wrote:
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> 3.2 million is INSANE! We looked at it right after
> Hood River County placed the lien on it a year ago
> and when you consider track condition, grade
> crossing signal maintenance and FRA bridge
> inspection requirements along with operating on
> the switch back our value came up between $722,000
> and $812,000 especially since you have to come up
> with motive power.
>
> Dick Samuels
> Oregon Pacific Railroad