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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

Comment by HuskySWon Jul 03, 2021 11:40am
126 Views
Post# 33489584

RE:RE:Re:Update the property-wide mineral resource Q4/21

RE:RE:Re:Update the property-wide mineral resource Q4/21This stock is going to swing 10-20% any given month or two judging by past performance.  Comments on being an explorer and not a producer gave me a good laugh as the thought has crossed my mind.  Especially after off loading the remediation portion of the contract with the Yukon government.  

If this stock is going to get some lift there's a lot of things Alexco needs to do. 

First and foremost is get some news out about production, the mill is capable of a lot more than what is currently happening. 

If Alexco wants to be a producer they are going to have to produce.  (take a peek at Victoria Gold it's not to far away, it's good prduction and shareholder informationmodel, it's just North of Mayo and has dealt with COVID while operational)  BY the way check out their reserves and ongoing works.

Maybe the play for Alexco  is to just drill off the area  get proven results and look for a buyer?  Happens all the time.  If so that's fine too as the stock will pop anyway either through production or sale.
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