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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 chux02on Mar 21, 2016 1:46pm
190 Views
Post# 24684227

RE:RE:RE:The Coming Announcement To Restart Mining at Keno Hill

RE:RE:RE:The Coming Announcement To Restart Mining at Keno HillSilver rises or falls more because of the strength or lack thereof in the dollar. So if they're playing with things that can effect that value look for metals prices to be...lively.

As far as Alexco they are Canadian silver miners who are used to the silver price quoted in Canadian dollars. Waiting for $US20 silver which translates to $C26.16 before they go back mining $C14 cost of production silver ore besides NEVER being mentioned in any of their reports statements or anywhere else is I'm betting incorrect. Very incorrect. They ALWAYS mention silver and gold prices in Canadian dollars which is what one would expect a Canadian metal producer to do. Even in the deal with SLW that's all in Canadian dollars unless they're talking to a US audience which apparently has a hard time with monetary conversions. Remember T.SLW??? That's priced in Canadian dollars??
Anyway just show us one place where they at AXR headquarters quote their Canadian produced silver in US dollars on any of their official calculations, statements, reports or anywhere else. I'll apologize for being mistaken as soon as I see that. Thanks!!

GLTA
Bullboard Posts