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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

Post by Stratocheifon Dec 07, 2020 8:51am
273 Views
Post# 32048267

And another thing

And another thingA lot of people out there like Keith Newmier are pumping triple digit silver on the exploding demand for things like electric cars and the trillion dollars Biden is planning to put into solar panels that use about an ounce of silver per panel. I dont have the name of an article handy at the moment but just google aluminum and solar panels. Aluminum is a fantastic conductor of elestricity and also a superb reflector. Not 100% on par with silver but pretty dam close. A number of companies have been working on using aluminum for solar panels. A few years ago they werent that good at about 60 or 70% as efficient as panels using silver. But today they have advanced the technology and aluminum based solar panels are up to 85 to 90% as efficient as silver based panels. And aluminum is dirt cheap and getting cheaper Just wait and see what happens if silver ever hits 100 or $150 an ounce. They will switch to alumimum so fast it'l make ur head spin. Then you can see silver back to under $10. The only thing that got silver up to 25 or $30 is currency hysteria. Nothing to do with industrial demand
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