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.

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AMREP Corp

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Post by chux02on Mar 04, 2016 6:23pm

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Post# 24624566

The Coming Announcement

The one that tells the world they're going to resume mining at Keno Hill will happen sooner rather than later especially if the price of silver & gold keep going. The other thing I wonder about is when they're going to follow up and monetize AEG (Alexco Environmental Group) for the shareholders like the CEO mentioned they were going to do YEARS AGO??
Once that announcement about resumption of mining is made look for a real pop higher in share price. Anyway, I've bought and sold Alexco since before 2008 although I never owned any shares this cheap. Patience, patience a much higher share price will be here...soon.

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