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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 mattbighamon Aug 12, 2021 5:39pm
243 Views
Post# 33698289

"I'm the Blue-Sky Guy-don't forget." CEO Clynt Nauman

"I'm the Blue-Sky Guy-don't forget." CEO Clynt Nauman40 minute mark Martin O'Malley Private Investor "Clynt,a couple of times you have indicated that you thought the Bermingham exploration would be transformational in terms of how people view Keno Hill. Do you still feel that way?" Clynt Nauman "Absolutely. No question.I don't know any other way to answer it (laughing). We've been lucky enough to stumble into what a geologist would call 'an ore deposit profile'. We've stumbled into a deposit which is unique to Keno Hill. We see the top of it and we certainly haven't seen the bottom of it.... and we're drilling holes down there 500-600 m..... and we're right next door to the biggest deposit in the district historically (Hector Calument : 96 m oz Ag, 407 m lbs Pb, 335m lbs. Zn). So,yeah. It is a very important discovery for a lot of reasons and I still feel very optimistic-I'm the blue sky guy-don't forget. I feel really quite....My interest is highly piqued by what might be the outcome of our work here." https://journals.lib.unb.ca/index.php/gc/article/view/2686/3103 https://www.alexcoresource.com/investors/events-webcasts/
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