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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 mattbighamon Dec 24, 2021 2:43am
171 Views
Post# 34260137

RE:RE:RE: Hole K-21-0800B 3,748 g/t (120.50 oz/t) Ag

RE:RE:RE: Hole K-21-0800B 3,748 g/t (120.50 oz/t) Ag"They've been a producer for the past 12 months and continue to show a loss each quarter." Stato

Mmm. No. They have been commissioning the mill for 12 months and are now on the cusp of announcing the company as Canada's only Primary Silver Producer.

Dec.16th,2021

In the mill, the installation of new concentrate regrind mills is complete and the installation of the secondary grinding mill has also been completed and COMMISSIONED. With COMMISSIONING of the secondary grinding mill using Bermingham ore feed, extended periods of throughput at 17 tonnes per hour (400 tonnes per day run rate) has been achieved along with design metallurgical performance and concentrate Ag grades in excess of 18,000 g/t being produced.

https://www.alexcoresource.com/news/alexco-reports-final-results-from-2021-bermingham-drilling-program-composite-assays-to-1-383-g-t-ag-over-11.09-meters-true-width/

March 11,2021
2021 Outlook
The mill continues the COMMISSIONING  process, including concentrate production, and is operating with a modified schedule to best match the ore delivery from Bellekeno while optimizing the operational and metallurgical performance of the mill circuit.

https://www.alexcoresource.com/news/alexco-announces-full-year-2020-results-and-2021-outlook/

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