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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

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Post by Jean33on Nov 30, 2021 6:47pm
146 Views
Post# 34182686

Joint venture

Joint ventureAxu is adjacent to Mmg I own both would make sense to see a buy out or joint venture which would make Axu a major player in high grade silver. Further Victoria has now achieve being a player into the billion dollar club soon th be debt free in Q1 2022. Now Byn is aiming at 3 to 5 millions onces resources. She stated often that 3 m is the desired number to establish a. Stand alone mine. If hubby buy her out or joint venture Victoria could double production becoming a 2 to 3 billons dollars a year. Now the dream let say both Victoria and Axu combined what would be the share price loll I would certainly have a sweet retirement paved with gold. Loll own many thousand shares of Axu, Byn and Mmg. Thinking aloud ....
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