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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

Comment by roberto146on Jun 22, 2022 9:22am
176 Views
Post# 34773434

RE:PDAC today

RE:PDAC today"Otherwise,I see First Majestic is three booths over again at PDAC and Clynt might want to get some tips from a successful mine builder and producer."

Paraphrasing Mr Micawber in Dickens' David Copperfield, 400 tpd mill capacity, 400+ tpd mill feed, result: happiness. 400 tpd mill capacity, 200 tpd mill feed, result: misery.

"Construction at Keno began in Q2/Q3 2019 so it has been three years and $107 m in cash raised during this period."

The 'planning' for restart has actually been going on for 8 years, since the 2013 shutdown due to low silver prices.

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