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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 Sep 01, 2021 11:46am
142 Views
Post# 33794420

RE:Axu tech report

RE:Axu tech reportIdeas that shorters will burn that's your view.  I don't think there's much shorting going on judging by the number of shorts out there.  

In Alexcos favour is more modern drilling, charting, assaying, etc. technology.  Including mapping information (hard copy and electronic) past and present into modern modeling software.  Alexco has a better drilling regime, equipment  and control than before,  But Alexco has had other challenges in the past including COVID and a stock price as you pointed out and that's a factor. Alexcos own challenges  since 2006 is a  factor too, in my opionion.  No one ever said that  Alexco is doing anything wrong.  

I just don't have a long term rocket shot to the moon view of Keno Hill output regards of who is in there exploring, mining, producing, etc.  If one takes the causes and effects of mining and results (including profits) at certain poits in time in the area it just makes me pause and weigh things.  That's my opinion and experience.  I'm in because of the enviromental remediation end of things.  

One thing for sure that we do agree on is that our bs will not affect the outcome.  In my opinion what will affect the outcome and viability of Alexco  is profitable financial statements, silver price staying stable or increasing and stated  production numbers.



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