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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

AMREP Corp > Couldn't resist bought another 5k shares at .3775
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Post by Bigredlark12345on Jun 27, 2022 10:52am
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Post# 34784469

Couldn't resist bought another 5k shares at .3775

Couldn't resist bought another 5k shares at .3775AXU has approximately 90Moz. of silver in the reserves and resources category of which 70Moz.At a very high grade of 804 g/t Ag | 1,035 g/t Ag Eq Reserve Grade.It's as close as you can come to a pure Silver play as you can get.Roughly 80% of revenues from Silver.Tier 1 Jurisdiction & Great Infrastructure.Connected to the Yukon hydro power grid Year-round highway access, all season airport.Concentrates shipped year-round through deep water, ice-free portExcellent Organic Growth Potential,Increased Resources by 24% in 2022 43% expansion of Bermingham Indicated resource Increased estimated reserves by 22% in 2021.I don't think the capital raise will be to dilutive.In the past capital raise were small and not bad terms.
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Dealroom for high-potential pre-IPO opportunities