Tuesday, August 10, 2010

Enormous Ice Crusted Mountain For Sale in Wyoming

The state of Wyoming, which, I am told, is kind of near California, has been having trouble paying its bills, and is planning to sell one of its many mountains to the highest bidder. Wyoming's only natural resources are mountains and the snow that is constantly clinging to them, and they are hoping to make the most out of these resources in order to pay for their state education budget. This is true. Read the news item here.

The mountain that is currently on the auction block is called Grand Teton. If you've heard of it, its because Grand Teton is one of the most photographed and beautiful mountains in the world, up there with Fuji, Kilimanjaro, and Rainier.
Grand Teton is the big one in the middle

I don't know who is going to buy this mountain, or what they will do with it, but I would guess that lots of ski lodge developers are interested, and I suppose some mining companies are probably interested. In any case, this is an example of making money off something that you already own.

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