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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
Post by chux02on Mar 24, 2016 12:46pm
188 Views
Post# 24697942

Interesting...

Interesting...Alexco's President and Chief Executive Officer Clynt Nauman said, "2015 was another challenging year in the silver business however Alexco was able to move forward with a very successful exploration program, complete a $4 million equity financing, advance permitting and development activities for our Flame & Moth deposit while positioning Alexco for a restart of silver mining operations when market conditions strengthen. We have continued to reduce our fixed overhead costs and our environmental business continues to build in terms of both business and brand. We have an exciting fully funded surface exploration drill program planned for 2016 at the high grade Bermingham deposit, a discovery which in my view, may be a game changer for the future of Keno Hill."

I'm wondering why he didn't say: "
a discovery which in my view, may be a game changer for the future of Alexco (or the company?)" ???

Sometimes it's not what they say it's how they say it...
Bullboard Posts