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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
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Post by billlcon Mar 10, 2013 9:23pm
217 Views
Post# 21108861

Alexco vs. Minco

Alexco vs. Minco

...Danny Deadlock is pushing Minco Silver on Stockhouse and its Chinese deposit. Just for fun here are some summary statistics for Minco. Average grade is 189 g/ton or only 6.08 oz (first target is 923 g/ton or 29.7 oz/ton. NPV @ 8% = $95 million, IRR pretax 33%. Does have gold @ 5g/ton. Underground. Cost is $5.65/oz. 4-5 meter width of veins. Production two years out.

...Looks like Alexco has a much better grade. GLTA Billc

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities