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Believe it or not I have heard exactly the same thing.

 

Someone I know told me something along the lines that a resort would rather stay open and lose tons of cash (in the hope that some miracle occur and business got better) rather than close down and have to spend bigger tons of cash on "re-instating the mountain". The cost of closing far outweighing the cost of operating. Perhaps it was a joke. He sure believed it though..... \:\)

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