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« on: August 21, 2008, 05:54:54 PM »
While Head Tide is years away, it is time to buy or contract to buy enough rail to cover the five or so years in our plan. The price of rail has increased about 40-50%, since the spring. It also time to re-think the weight of rail that we use. 60 lb/yd rail carries a $300 per ton premium over 50#/55# rail per ton. I offered to buy 80 tons of rail this past spring and "lend" it at no interest until paid back. The by-laws prevented that from happening. But, it is time to build up our stock before prices get completely out of sight. Just because we would rail on-hand, doesn't mean we have to lay it all at one time. A quarter of a mile is a reasonable goal.