Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Allthewaydownon May 13, 2014 10:13pm
329 Views
Post# 22558374

RE:Alexco Hugely Oversold

RE:Alexco Hugely OversoldIn exchange for a payment equal to the silver in 75,000 tons of ore, they gave away the silver in 1,250,000 tonnes of ore over 6 years, plus 25% of anything that is ever found. That is like me getting a $20,000 car loan with an agreement to pay back $320,000 over six years, plus 25% of my income for life. With that kind of impairment the company will never restart. In fact the whole reason it shut down was to create a Mexican standoff with Wheaton. The mine will NEVER produce, and Wheaton will not get a penny more of revenue until the deal is rewritten. Next news will probably be that Alexco is exploring outside of Keno Hill, and that they intend to sit on the existing deposit forever.
Bullboard Posts