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AMREP Corp T.AXR


Primary Symbol: AXR

AMREP Corporation, through its subsidiaries, is a holder of land, developer of real estate and homebuilder in New Mexico. 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. Activities conducted or arranged by the Company include land and site planning, obtaining governmental and environmental approvals (entitlements), installing utilities and storm drains, ensuring the availability of water service, building or improving roads necessary for land development and constructing community amenities. 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 focuses on selling single-family detached and attached homes.


NYSE:AXR - Post by User

Bullboard Posts
Post by Alexspushkinon Aug 23, 2007 10:21pm
156 Views
Post# 13293740

Appreciate all posts

Appreciate all postsAs for long term risks, I'm not worried. The project is being managed by the NovaGold team. That's all I need to know. Take a look at the Novagold website under the Ambler project: "Rio Tinto has joined with NovaGold to develop this project specifically because of NovaGold’s success working with local communities, Native Corporations and State and Federal government agencies." NG is well connected and has the skill to resolve the outstanding issues. No guarantees on the time line thought. These things can't be rushed. P.S. Weather you have 100 or 100,000 shares, all posts appreciated here.
Bullboard Posts
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