by Who
woodeen wrote: ↑Mon Apr 29, 2024 8:20 pm Not at all arguing with what you are saying. I am just coming at this from the angle that VTR is making this investment, why? They must have some reason, they must see some potential advantage. I just can't see what it is. The slurry business is the ONLY potential thing I can see, and as you say it just doesn't pencil out. When it is in-state I can sort of see how a state-owned entity can justify something like this (i.e., a service to state residents) but when it is an out of state investment it seems difficult to justifyYou know something, when you "pencil it out" maybe they will link up St. Johnsbury, VT and Groveton, NH after all, nothing else makes sense, so why the hell not!
It seems like VTR is run on the back of a used napkin; maybe they are trying to become the next Patriot Rail, but these check for a pulse railroads, is all they can afford.
Who's on first?