Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Intchains Group Ltd V.ICG


Primary Symbol: ICG

Intchains Group Ltd is a provider of integrated solutions consisting of computing application specific integrated circuit (ASIC) chip products for blockchain applications and a corporate holder of cryptocurrencies based on Ether (ETH). The Company utilizes a fabless business model and specializes in the front-end and back-end of Integrated circuit (IC) design, the two components of the IC product development chain. The Company’s products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware, the products are mainly used in the blockchain industry. The Company had built a technology platform named Xihe. The Company has developed hardware models and several systems under the Xihe Platform, including a factory production test system, an after-sales data system, a computing server system and a batch management system.


NDAQ:ICG - Post by User

Comment by Allthewaydownon May 03, 2014 4:28pm
182 Views
Post# 22521574

RE:looks like a duck, talks like a duck , What do you have?

RE:looks like a duck, talks like a duck , What do you have?Lees, you are absolutely right except that the market for the past two years has not been normal. If you were at the PDAC in 2013, the gold juniors themselves were predicting that 50% of them would not see 2014. It has been b*tching difficult for anyone to be able to get a drill in the ground, let alone finance an operation. Meanwhile the majors have been crushed by market fear and their own incompetence, and are not in acquisition mode. On the other hand, if you travel around the Timmins-Rouyn camp you see quiet but steady Chinese accumulation. The money is there when the tide turns. The winner will be anyone who has over a million PROVEN ounces that can come out of the ground with a C1 cost under $800 and a C3 under $1000. Integra's grade already gets them past these hurdles, meaning that the only thing remaining is total ounces in the mine plan (currently about 500,000) and quality of reserve definition. The situation has not been static for the past two years - the resource quality has been growing in a market that does not care, but it will be different if the resource crosses the million ounce tipping point. Note that the focus is getting drills in the ground, not financing for production. The PEA is just a marketing ploy - they will no go for a feasibility study until all drill results have been incorporated. Barring a complete collapse in the industry, the next year will go well.
<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse