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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
Bullboard Posts
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Comment by gildageon Apr 19, 2016 9:10pm
206 Views
Post# 24786741

RE:Not Good...

RE:Not Good...Golden Minerals AUM) still has Velardena shut down. They took a hell of a beating last couple of years. I'm just guessing that SSO still has a couple of projects shut down also. I'm mostly following the low cost producers at the moment (except for AUM). but oddly enough, it's the higher-cost producers that actually have the most leverage to the silver price rise. When the mines do come back online, the profit increase will be infinite!  (anything divided by Zero).

I do like AXR with silver prices above $20... the new mines were never priced into the shares as the PM market was tanking as the latest came online...
g
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities