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Intchains Group Ltd V.ICG


Primary Symbol: ICG

Intchains Group Ltd is a China-based provider of integrated solutions consisting of high-performance application specific integrated circuit (ASIC) chips and ancillary software and hardware for blockchain applications. The Company has built a proprietary technology platform named Xihe Platform, which allows to develop ASIC chips.


NDAQ:ICG - Post by User

Post by tomgraniteon Nov 03, 2016 5:21am
228 Views
Post# 25419441

Zurich presentation

Zurich presentationSalamis focus different to de Jong for 1st part. Showed why ICG could be a takeover target for a major:

1)project pipeline for new deposits are dry
2)good gold deposits are rare to find  
3)average gold grade deposits are going down

Some stated facts:

1) cash in bank $45mil, marketable securities $12mil
2) PEA in January
3) REs imminent
4) Lamaque deep hole at 1,596 on Oct 13th
5) LD hole has already hit the Sigma veins coming across as expected
6) 40kms drill results outstanding
7) bulk sample in Q3
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