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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 chux02on Mar 06, 2016 4:12am
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Post# 24627038

Finding Acquisition Targets in the Mining Industry

Finding Acquisition Targets in the Mining IndustryI knew it's a possibility. It's not much...really. But somebody like Hecla (why not? Greens Creek is literally right up the road) could make an offer and say..."tell you guys what. You keep and grow your AEG and continue doing everything that company was going to do here at Keno Hill and beyond. You guys take care of the remediation business and we'll be the silver miners and we're going to make you guys a deal for the whole kit and kabootal you just can't refuse..." Or something like that. Oh and why now? Because the company is never going to be as inexpensive as it is right now say you were looking to buy. Anyway, there's something to ponder...

Here's the link: 
https://www.equities.com/news/finding-acquisition-targets-in-the-mining-sector

And here's the quote:
"One exploration company that is very small right now, but just had a nice discovery and could be a takeover target, is Alexco Resource Corp. (AXU) (AXR:CA) in the Yukon," says Lin. "It is its own high-grade silver district. At some point, I think a bigger company will come in because it has huge potential."

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities