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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

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Post by mattbighamon Sep 13, 2021 8:17pm
178 Views
Post# 33853210

Clynt presents @ PM Summit Colorado

Clynt presents @ PM Summit Colorado
Shipped half a million oz,already.

Mill expansion planned.
Concentrates will be lead 65% and 15,000 g/t silver.
No other silver mine in the world has those grades.

Bermingham deposit has a lot of material that is not included in the mine plan-below our cutoff grade.

Bermingham NE Deep zone has caught a lot of attention.
48 holes in. Looking to drill 70 holes.
Real discovery. Really important.
Grades north of 1,000 g/t.
THIS ZONE is100-200m from currently planned infrastructure..
Very anxious to get this drilling completed.
Very confident this discovery will change the outlook at  Keno Hill.
This discovery demonstrates big deposits exist within Keno district.
Increasing high -grade silver grades and decreasing base metals at depth.
Very excited to reach full production.Cash self sufficient in Q1/22.
$30m in the bank to get us over the hump here.
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