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AMREP Corp T.AXR


Primary Symbol: AXR

AMREP Corporation is a holding company, which conducts business through its subsidiaries. The Company operates through two business segments: land development and homebuilding. The land development segment offers for sale both developed and undeveloped real property to national, regional and local homebuilders, commercial and industrial property developers, and others. The Company owns approximately 17,000 acres in Sandoval County, New Mexico. The Company develops both residential lots and sites for commercial and industrial use as demand warrants. The homebuilding segment offers a variety of home floor plans and elevations at different prices and with varying levels of options and amenities to meet the needs of homebuyers. The Company is focused on selling single-family detached and attached homes. The Company commenced operations in New Mexico of its internal homebuilder, Amreston Homes. The Company utilizes internal and external sales brokers for home sales.


NYSE:AXR - Post by User

Post by HuskySWon Aug 25, 2021 5:25pm
165 Views
Post# 33765229

Promoters and Alexco

Promoters and Alexco
Share price is down recently by roughly 50% .  Q2 showed a loss per share and so forth and now the comments by a few are now making people/promoters/beleivers unhappy?   

Future looking statements are just that.   So are drill results.

A few peoples opinions and methods of investing is now making shareholders (company?) unhappy?   Wow to believe that is just amazing. 

Everybody in the market buys, sells and comments to suit their style.  

Maybe  Q3/Q4 results bumps the stock back to 3.80+ or perhaps the expected drill report will rocket this stock back to where is was.  If so GLTA.   

Questions.

- Will Alexco be looking for more financing before profit?
- Is Alexco considering spinning off the remediation division when the second mine opens.
- Are the current number of employees and resources are enough to get to the often quoted 400 TPD thrughput.
- Oh and perhaps it would be great with those with information to answer a few of the outstanding reasonable questions on this board that others have posted.



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