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winter, “and we have no way to raise it,” he told the creditors’ meeting.
JIM MOORE, IN talking about the area’s difficulties, could almost recount last winter’s weather day - by-day, weekend-by-weekend.
“We had a great February last year,” he said. “We got the weather, we got good publicity.” For a few days there, things were looking up. Then it thawed. Again.
“With all ski areas in a precarious financial state, because they had the same weather, it was impossible to get them interested in leasing or joint-venturing Rappahannock for this winter,” he concluded. “We have also had no luck in attracting individual investors. The whole country is in trouble, and the record of losses in the ski industry made our effort absolutely useless.”
While still optimistic about Rappahannock, Moore had few hopes for the immediate future. “I still feel, and so does Camelback, that there is a long-term potential here, if we can keep it out of total bankruptcy.”
Hence, the meeting—the latest in a series—with the creditors. Moore also told of a meeting of “community leaders” whereby several possible methods of “keeping the area operating” were explored, in
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