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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 GreyWhiskerson Apr 13, 2022 7:26pm
133 Views
Post# 34602252

RE:RE:RE:RE:Non-brokered private placement of common shares

RE:RE:RE:RE:Non-brokered private placement of common sharesI'm hoping they really start getting some serious production volumes and show a net revenue in the upcoming report.  Of course if silver goes up substantially that would be great and certainly help the share price and get axu into the "green".  Lot's of happy investors.  Let's hope.  I admit I can also be a bit negative/wonderous at the length of time it's taken to get the workings going.  The drilling campaign is what it is and has produced great results.  That's fine, let's start producing, the remaining discovery can then be paid with earned revenue not more shareholder equity.  Just my view, but then I'm not running the show.

I've seen comex, bankster, fraudster, JP Morgan, shorters  comments here but unfortunately like evey other company companies operate in the environment at any given point.  LME had issues when nickel got out of "long / short control".  Like shutdown, is it right, who knows, not my issue,  but it was what it was.  Don't know what will come ot of it, but so far haven't seen much.  It appears to just carry on.  Will comex have a moment, I don't know.

it sounds like the results in May may very well be enlightening, everyone is looking forward to them hopefully showing lots of revenue.  I do expect increased costs though for the camp,fuel, equipment and other supply due global issues.  It may be sustantial.

Good call on the private placements costs, I see what you mean, I was also thinking about the % the brokeage charges for their invovement.  What do I know maybe AXU had an "angel" that had 13.1MM to drop. :)



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