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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

Post by AngelEyes3on Sep 01, 2020 12:19am
239 Views
Post# 31484734

This silver run might be one for the record books

This silver run might be one for the record booksIf you took the 50 dollar silver price of 1980 and coverted it into todays dollars it would be over $320 according to Shadow states inflation statistics. Now the 2011 price point did not hit the 50 dollar mark but was just shy of that point. So the only commodity that has not been higher than its 1980 price is Silver. In the old days Alexco was called United Keno Hill Silver. It hit a price of 50 dollars per share. So the question is if silver does a major run and I feel it will this time over the next several years. These shares might be a great way to ride the bull higher. I think all silver producers will do well. Eventually any share with the name Silver in it will do well once the final leg starts. Good Luck everyone
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