Depends on what you call doing very well....Tom & partners did a terrific job in running the downhill ski area which he loved....but ended up losing the mountain in a 1994 Bankruptcy court case when their Golden Eagle condo hotel
www.goldeneaglelodge.com drained them dry of available cash. They made a business decision to go through bankruptcy court and to lose the ski mountain, use that cash to satisfy their construction-bankruptcy-plaintiffs, and keep the real estate office and a large number of undeveloped WV residential lots...and that biz is alive and doing very well today...
www.wvnh.com. Just like the recent happenings at General Motors, Chrysler, AIG, Bank of America, Citi; the 1993-WV ski business definately could have used a similar bailout for about a year or two to keep it going during that real estate burst bubble.
...............
Just read that
www.gunstocknordic.com now has snowmaking on their x-c ski trails. "Snowmaking was recently installed on the trails, ensuring consistent skiing conditions throughout the winter." (LaDaSun, Nov 6) Snowmaking on cross country ski trails.....?......that's what it says tucked away in a brief article on page 22 of today's LaDaSun.......I will believe that one when I can ski on it and actually see all thy snow-making equipment making snow....As everyone knows....talk is cheap....
Waterville Valley has a large cross country ski trail network of about 100-km, and has no snowmaking what-so-ever. Last winter, the majority, something like 90%, of the trails were closed from about January 10 thru April due to lack of snow and warm temperatures. December 15 thru January 10 had good snow coverage on the trails, but then it all got rained away.