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I had indicated in a previous post that when I decided how to proceed in the coming year, you here at MLS would be the first to know. I have been watching the economic news on FoxNews and I must say it is not too good. In fact, were I living stateside I would be battening down the hatches. I think we are all in for a rough ride. However, I don't quite see the same thing for this part of Alaska. The State of Alaska formed a quasi-public entity called the Alaska Natural Gas Development Authority which has announed its intention to construct a 20 or 24 inch "bullet line" from the Palmer area (where there is an extensive gas line network connected to Anchorage), thence to Glennallen, then north to Delta Junction and on to Fairbanks where it is anticipated to meet a new gasline that is committed to be constructed from the North Slope through Fairbanks, Delta Junction and then down the Alcan Highway enroute to Calgary and then the mid-West. What all this means is that we are looking at considerable construcition activity in this area, which is only 14 miles from the proposed gas line at the point where it meets Glennallen heading west to Anchorage. Additionally, although we anticipate a drop in tourism, the big tour companies, including Princess, have managed to obtain respectable bookings by aggressively lowering the tour prices into Alaska to very inviting levels. The local Princess Hotel management has tentatively agreed to work with me toward developing tours here at the Copper Rail Depot centering on my large-scale model railroad.
With all this in mind, I am proceeding with my original plans for expansion of my existing line roughly another 450 feet which will enable me to run the multiple consists I have been acquiring and putting together for my current LS project. Details on the plans will follow.
With all this in mind, I am proceeding with my original plans for expansion of my existing line roughly another 450 feet which will enable me to run the multiple consists I have been acquiring and putting together for my current LS project. Details on the plans will follow.