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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 mattbighamon Nov 17, 2021 9:24pm
397 Views
Post# 34138953

Notes from Clynt's presentation

Notes from Clynt's presentation
https://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2021/11/15/alexco-resource-corp/play/stream/32908


Nov. 15th
70 million oz Ag in Bermingham/ Flame and Moth
80% of REVENUES coming from silver-pure silver play
Shipping lead and zinc concentrates

Mined 24,000 tonnes and produced 600,000 oz Ag with 740 g/t
400 tpd or 18 tph for commissioning and presently we are operating salvage ore at 200 tpd
Bermingham ore now being milled

We expect all the assays back from Bermingham in November.
All of our focus is on getting these two deposits into production in early 2022.
Long hauling has been successful for us.

We are also taking a disciplined approach to looking around to go  beyond a single mine asset.

165 employees.

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