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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

Bullboard Posts
Comment by zentrarianNZon May 21, 2013 7:05pm
87 Views
Post# 21423296

RE: Share price

RE: Share price

hazzard...That's why I'd like to see them temporarily curtail exploration altogether, pull back on production until they can get the mill operating at near 100% efficiency, and wait for either the silver price to rise, or have very high confidence they can drastically slash production costs at sustainably high volumes. (And not by digging into their high-grade resources, as they have proposed doing.)

It doesn't take a genius to see that if what you are doing isn't working, doing more of it faster isn't going to solve your problem. Just ask Ben Bernanke.

Bullboard Posts