Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 mattbighamon Oct 24, 2021 8:36pm
263 Views
Post# 34043156

lead concentrates are where the great majority of value is

lead concentrates are where the great majority of value isClynt at Beaver Creek Sept. 10th:
https://wsw.com/webcast/preciousmetals3/axu/

"Lead concentrate-60-70% / silver concentrates of 15,000 g/t after mill modifications and mining/milling  the  new deposits.
Lead concentrates are where the great majority of our value is.
There is no other mine -or district - in the world that is producing that quality of concentrate.
That's important and gives us a premium position at the smelter."

1.44 million tonnes in the May,2021  resource revision :
5-7 % lead and zinc.
804 g/t silver

72,000 tonnes @ 5%
101,000 tonnes @ 7%

2,205 lbs. per metric tonne

lead $1.12 per lb.
zinc $1.58 lb. -just spiked up to $1.70 and hovering around 5 year resistance levels.

Another new resource count is coming. The Bermingham Deep DP is winding down:

"At least 70 holes into Bermingham Deep in a month or two." Clynt

We are 1.5 months past the Sept. 10th  / Beaver Creek presentation  now.

Q3 results due out soon as are operations and drilling updates.

<< Previous
Bullboard Posts
Next >>