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Short Line Investment?
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[quote]QUOTE: <i>Originally posted by edblysard</i> <br /><br />If I read the original few posting correctly, the big pay off are the two coal mines coming on line...and note that the coal is both power plant grade, and metallurgical grade, so at least one of the coal moves will be to interchange, not in captured service to the power plant. <br /> <br />Although LC stated this was all a hypothetical concept, it sure sounds like it is based on a existing road, and he has put quite a great deal of thought into it...as for risk, not much is risk free any more, and if this does pan out, the initial investors will make out fairly well in the next five to ten years. <br /> <br />If it was a real deal...I would seriously consider ponying up 20 grand and might even think about moving out of the swamp and switching railroads...rivers have backwaters too! <br /> <br />Ed <br />[/quote] <br /> <br />Ed - <br /> <br />You are correct, the coal increases and additional area reserves is the upside. All of the coal would go offline. Some to the power plant and other to tidewater. <br /> <br />Also, it is based on an actual opportunity I had a ways back. I have changed a few facts to use this as a good hypothetical... <br /> <br />LC <br />
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