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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

AMREP Corp
Bullboard Posts
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Comment by Alexspushkinon Oct 08, 2008 8:38pm
274 Views
Post# 15515162

RE: Now that's what I was waiting for...

RE: Now that's what I was waiting for...<< only 25% of the production is committed to SLW.>

Even better than that !  Only 25% of the SILVER production is committed to SLW. So all of the lead and zinc that is part of the mineral resource will be 100% credited to Alexco.

-Alex
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities