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Energy, Powder River Basin, and the DM&E
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[quote user="Murphy Siding"][quote user="futuremodal"] <p>Ed, Michael, and John,</p><p>Apparently there is a misperception of something I said that has been taken the wrong way. </p><p>[/quote]<span class="smiley">[:O]</span>I fear that since you didn't mention me by name, that I must be taking your words the right way!<span class="smiley">[:P]</span></p><p> I do see one major flaw in your theory. I see the DM&E differently, I think, because I'm closer to it all. Kevin Shaeffer has said many times, that the DM&E <em>has</em> to get into the PRB to survive (independantly). Without the PRB coal, there is literally nothing on the line, now or in the future, worthy of a $4 Billion dollar investment. There's just not going to be enough traffic, no matter how high the margins are.</p><p>[/quote]</p><p>What Kevin Shaeffer said may have had more to do with lobbying for the loan than it does for DM&E's actual independence prospects sans a PRB entry. </p><p>I posted the thoughts of a rail analyst twice on this thread regarding DM&E's prospects post-loan rejection. Did you perchance actually read it?</p><p>Regarding having CA Holdings present a PRB entry railroad under the umbrella of a separate entity than that of DM&E or IC&E, isn't that exactly how BNSF is promoting the Tongue River project? The problem with the rejected loan application (hindsight being 20/20<span class="smiley">[;)]</span>) is that it put all the eggs in one basket. </p><p>Hmmmmm.......perhaps if CA Holdings had proposed a type of TTX-style railroad into the basin.............let's see......what's that called again?<span class="smiley">[:-,]</span></p>
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