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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
Comment by Alexspushkinon Jul 19, 2008 9:58pm
392 Views
Post# 15309960

RE: nova

RE: novaThe exploration work is no longer at arms length. The folks that were do the work for Alexco have now left NovaGold and joined Alexco on a permanent basis. From the March 25th PR:

"Stan Dodd has been appointed Vice President, Exploration for Alexco.Mr. Dodd managed Alexco's exploration work at Keno Hill in 2007 undersecondment from NovaGold Resources Inc., where he had previouslymanaged NovaGold's interests at Donlin Creek. Mr. Dodd's backgroundincludes 30 years of experience in a variety of exploration roles fornumerous mining companies including Amoco Minerals, Cyprus Minerals,Meridian Minerals, Kennecott Exploration and Placer Dome. In additionto the appointment of Mr. Dodd, Alexco has hired three additionalsenior geologists, Melanie Roberts, Dick Lippoth and Rick Dutka,previously employees of NovaGold and who have all been associated withthe Keno Hill project since inception."

For those who follow Mike Niehuser, he has a new report out on Alexco. If you have been following the newsreleases, you are already up to speed. Good thorough overviewnon-the-less:

https://www.beaconrockresearch.com/files/AXU.Update.08.07.13.pdf

-Ale
Bullboard Posts
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