06/16/2011 06:12 pm ET | Updated Aug 16, 2011

Battle Mountain: Colorado's Last Ski Resort?

On a crisp, sunny day in February, Mike Jackson rockets up the slope of Battle Mountain on a snowmobile, sliding around lodgepole pine trees, leaving clouds of exhaust in his wake. He stops often, pointing out areas he'd like to take a chainsaw to, so he can unveil the ski resort that he--and so many others--see hidden in the virgin terrain. He shows off a powder-filled drainage that will become a wide-open bowl and an aspen stand that will be an expert tree run. And high atop the mountain is the meadow that will be the core of Battle Mountain Resort, where chairlifts will converge among multimillion-dollar homes.

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