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[quote user="RRKen"]In all this, many here fail to see the major comments CP made in it's application to the STB for this transaction.  Let me reprint it here for you. ".......DME still faces a number of significant hurdles before it can implement the PRB line project.  DME has not completed the process of acquiring (thorugh purchase, easement, or condemnation proceedings) all of the right-of-way it needs to build the proposed PRB line.  Nor has it executed agreements with PRB mines to connect with, and to operate over, their loading tracks and facilities.  Most importantly, DME has not secured sufficient commitments from prospective coal shippers to route their traffic over the proposed PRB line to justify the very large investment required to build it.   Finally, to date, DME has not been successful in arranging financing for the project.The proposed acquistion of DME by CPR would not, in and of itself, eliminate all of these obstacles.  To be sure, as a Class 1 railroad, CPR possesses far greater financial capability than DME to undertake the PRB line project."    "However, several significant milestones must be achieved before the project can be justified economically."   "Moreover, the regulatory climate must remain conducive to substantial new investment in rail infrastructure.  If the proposed transaction is approved, CPR will work diligently with DME to satisfy these preconditions to construction of the proposed PRB line.""Regardless of whether the PRB line is ultimately built, I firmley believe that CPR's acquisition of DME will be beneficial for CPR, DME, and their respective customers and the communities that they serve.   It is on that basis - and not on the basis of speculation regarding the future of the PRB line project - that CPR made its decision to acquire DME.   This reality is deomonstrated by the consideration that CPR agreed to pay under its acquistion agreement with DME, which is structured to reflect the separate nature of the decision whether to proceed with the PRB line project."So you see, there is no absolute in this case regarding the PRB line project.   If you still believe there is, contact your fairy godmother for guidence.   [/quote] My fairy godmother tells me the double track is going back in from Minnesota City to Pewaukee.
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