AMREP Corp T.AXR

Primary Symbol: AXR

Industrials Engineering & Construction

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.

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AMREP Corp

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Comment by Bobwinson Feb 12, 2010 10:36pm

367 Views

Post# 16782724

RE: RE: RE: potential 18 - 20 million oz tailings

I acknowledge that a heap pad may be used but it is unlikely that the tailings will already be crushed to the proper size to maximize recovery. If that is the case, they will need some extra equipment to prepare the tailings for the pad.

You're right, I'm not a miner. Are you?

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