Mountain News: 

Whistler mayor hopes to get Canmore into Step

Page 3 of 5

"It’s likely that certain of Vail’s hotel assets may trade hands at high prices in the coming months," wrote stock analyst Roger Miller of JMP Security. Although Vail has rarely turned a profit since it went public in 1997, earnings this year are projected to reach $150 million to $160 million.

Miller projects the share price, after hovering round the IPO of $16, might hit $28 by the company’s year end next summer. It is now at $22. Even the Motley Fool, which earlier this year disparaged the company for its difficulty in turning a profit, now sings its praises, reports the Vail Daily.

Snowmaking takes power

PARK CITY, Utah — If not for snowmaking, many ski areas would have remained closed this year going into the Thanksgiving weekend. That’s often the case.

But if snowmaking allows an unnaturally early start to ski season, it comes at a high price. At Deer Valley, for example, the snowmaking system consumes more electricity than all the lifts operating at one time. The electric bill for a month of snowmaking comes out to $100,000.

Water needs are similarly huge, notes The Park Record. Deer Valley’s snowmaking guns have a capacity for 7,000 gallons a minute.

The irony of all this, of course, is that most ski resorts end the season with their deepest snow depths of the year. Come the warm weather of spring, the snow remains but most skiers are off to other things.

Fluoridation an issue

MAMMOTH LAKES, Calif. — A citizens group called Citizens for Safe Drinking Water have begun a signature-gathering process that they hope will put the issue of fluoridation onto a public ballot. They want to end the practice of putting fluoride into the public drinking water. The manager of the local water district, Gary Sisso, told the Mammoth Times that he intends to continue plans to put fluoride into the drinking water.

The same issue has been argued previously in Telluride, where opponents said that fluoride poses risks to human health, despite the benefit to the teeth of children.

Jackson debates expansion

JACKSON HOLE, Wyo. — Merchants in the town of Jackson, the traditional gateway to Grand Teton and Yellowstone national parks, are getting riled. Major expansions at the base of the Jackson Hole ski area are proposed, with 458 homes, a golf course, and 81,000 square feet of commercial space. The ski area base is 12 miles from the town.

A business owner, Alberta Kucharski, said the business owners are concerned that expansion of the base area, called Teton Village, will divert tourists, who will do all their shopping there, instead of in Jackson. They could, according to this theory, fly into Jackson Hole, go to the base area, and never spend time – or money – in the town of Jackson.

Latest in Mountain News

© 1994-2019 Pique Publishing Inc., Glacier Community Media

- Website powered by Foundation