Intchains Group Ltd V.ICG

blue skies, nothing but blue skies

[Silverwhere]

M2
 
In the long(er) run you will be right on ICG price & might even be low! I probably didn’t explain my point all that clearly late last night. My thinking is: in this market where producers can pick and choose & pay rock bottom prices, we basically have no choice but to “protect” ourselves from the big predators (i.e. dodge a hostile takeover).
 
Neither the ICG team nor the investors big or small want to settle for a lowball buyout price. Heck you alone hold .1 to .2% of the company & will have your say! Am willing to bet many others do as well.
 
Integra is best in breed in a (red) sea of starving mongrels. This company is “worth” one hundred to a thousand times one of those dying mongrels just for starters.
 
Eldorado and other majors know ICG is the real deal with unbelievable infrastructure, and is in a safe jurisdiction (just ask Jim Sinclair how important this is, yikes; he now wishes he had defected to Canada!). Most importantly Integra HAS THE GOODS & is the yellow diamond in a very rough looking overcrowded space of beggars.
 
Tough market, tough crowd, but there’s no need to be vulnerable. Just bring in some heavy protection, a beefy bodyguard. Enter Eldorado for 15% as the gatekeeper standing tall at the ICG portal. No need to be nervous now since older brother Paul Wright has Steve’s back.
 
My thinking is Mr Wright & the ELD's BOD came to a gentlemanly agreement with Steve & co the friendly, trustworthy Canadian way some time ago regarding the development of this outstanding property. My guess is that the partnership terms include some exploration performance language. ELD as future operator will in turn reciprocate by activating its strong skill set, namely the fruition of a producing mine.
 
So M2: watch out my friend because lightning does indeed strike twice. We are in agreement that we’ve found shelter for now and can wait it out. Let the (financial) storm clouds pass. We are sitting high and dry here folks. Oh look, there’s some blue sky right over here...
 
BUY ICG. Period.
 
blue skies, nothing but blue skies