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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 27, 2021 9:46am
155 Views
Post# 33923282

RE:RE:RE:RE:It's too quiet in Keno Hill or just thinking winter vacay

RE:RE:RE:RE:It's too quiet in Keno Hill or just thinking winter vacayThanks for the update I was not aware that Alexco had divested itself of AEG totally (Ensero) as it was a related party transaction revenue still showed up on the last financials, probably just some overhead fees.  Of course if  I remember 2010 or so JH was president AEG and is now  CEO CTO Ensero.

Ensero - "Alexco Environmental Group’s (“AEG”) executive management is pleased to announce that it has purchased Alexco Environmental Group Holdings, Inc. and all its subsidiaries (Alexco Environmental Group Inc., Alexco Water and Environment Inc. and Contango Strategies Ltd.) from Alexco Resource Corp. (“Alexco”) (NYSE: AXU), which will be rebranded as Ensero Solutions Inc. (“Ensero Solutions”), a stand-alone private company, operating with subsidiaries in both the US and Canada.

Faro remediation is a big expense over the next while just thinking outside the box that  a contract for AEG (Ensero) would be a great source of revenue.  Of course that point is now mute.  :)  Nothing for Alexco there.






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