Well, basically she isn't looking for a relationship with anyone at the moment. Hard to believe, but it's true. Especially since we're both going to be exploring europe(but not together) for about 6 months next year, and just out and about in general.
We hiked, it was awesome. I waited for the perfect moment. It was pretty hard to stop shaking with nervousness(especially since we just got out of the freezing water). We talked for a bit, I put my hand around her waist and told her that she was a very beautiful girl, and that I really enjoy spending time with her etc..
Basically I got rejected, but not flat out. She hinted that in the future, things might change. It's probably for the better, at least ill be able to sleep easier at night that I said it. Who knows what the future will hold.