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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Comment by marginedouton Apr 12, 2013 11:48am

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Post# 21246932

RE: News- Alexco Reports First Quarter 2013 Produc

Pitiful production results, expensive management and pending bleak financials financials . With a market cap of $140,000,000, This is not a stock i would want to own. There are many Mexican silver mines that are far superior companies including Silvercrest and Santa cruz

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