Investor withdraws Blackstrap ski hill revival
SASKTOON – A BC man who had plans to turn a former Saskatchewan ski hill into a four-season resort has decided not to pursue the idea.
Torey Spink said last October that he was willing to invest between 5 and $8 million in the site at the Mount Blackstrap Recreational Area, south of Saskatoon.
But Spink now says in a Facebook message that after doing some research, he’s found that the financial risk would be too great to proceed.
Spink’s unsolicited proposal was one of three put forward before the province announced it was looking for redevelopment ideas.
The province received two submissions and said it will review them and make a decision in the next few weeks.
© The Canadian Press, 2013