DM&E was started from a "to be abandoned" CNW line in 86 for $26 million. I'm know there were some upgrades to the system and the IC&E line was purchased. Then 10 years of lawyers and fighting for the right to build into the PRB that was won. How much was IC&E bought for? How much was spent on the efforts to rights to build into the PRB? I'm definitely a capatalist and not against this. But if you ask me, some investors made out like bandits if you ask me.
Modeling the "Fargo Area Rapid Transit" in O scale 3 rail.
Well, 23 years is a long time for assets to appreciate. You probably couldnt built a new line with all the regulations they have now, so that increases the value of the existing ROW.
I am sure some sports franchises have appreciated like that in the same number of years.
My train videos - http://www.youtube.com/user/karldotcom
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