Buy Shames Mountain for $500… Or $1.5 Million
Shames Mountain, the ‘little ski area that rocks’, tucked away near Terrace and Prince Rupert, BC, is up for sale. The asking price? A cool $1.5 million.
Yep, that’s right, for the price of a small house in Whistler, you could buy Shames Mountain Ski Resort. Tempting isn’t it?
But if you don’t have that much coin in the bank, and you don’t want to see one of the coolest ski areas on the planet go belly up, some members of the international ski community have an idea you can get in on – the Shames Mountain Co-Op. Jamie Schectman and Shanie Matthews have formed the Shames Mountain Co-Op concept in an effort to rally a large group of shareholders (aka skiers) to purchase, own and operate Shames Mountain. Owned and operated by skiers for skiers. For example, you could buy shares at say $500/share, and claim your piece of the ski resort, and have a say in it’s future.
The finer details of it seem to still be in the works, including whether or not it will be a Co-op at all, but atleast it’s helping get people’s attention. They’re encouraging anyone keen on the idea to sign up on the Message Board.
Will it work? Does it make sense? We don’t really have a clue, but it’s cool to see someone trying anyway. Rumour has it the last time the resort went up for sale, Japanese investors wanted to buy it to run private race camps. Whether that’s true or not, we don’t want anything like that going down, nor do the current owners.
Shames Mountain is an amazing place, and a HUGE asset to the local Terrace and Prince Rupert communities. Funny, it almost gets you thinking that with all the government funds and organization that go into community centres and the likes, why not local ski hills? Hmmm.
On that note, here’s some Shames Mountain nuggets to chew on. And if you haven’t been there yet, get there, now, while it’s still around!
Shames Mountain Links & Info
- Shames Mountain Official Website
- ‘Town Hall’ Meeting thread on TGR Forum
- Local Newspaper Article in the Terrace Standard
- And of course… the Property Listing
Past Doglotin.com Shames Mountain Trips
- Our First Trip to Shames – Going DEEP in 2004
- Epic 2005 Pow with Eby, Dre & Jordan
- Lee Lau & Crew at Shames 2009
Can you tell we dig this place? Lets hope whoever buys it knows what they’re doing.