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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

Comment by blue0987on Jan 14, 2017 5:46pm
256 Views
Post# 25708833

RE:RE:RE:RE:RE:RE:RE:How much longer,,

RE:RE:RE:RE:RE:RE:RE:How much longer,,
M2, the priority I assume is completing the remaining 10,000 meters of pending drill results on Triangle that were drilled in 2016, so as to be incorporated into the upcoming Q1 RE, afterwards I would imagine, those other drill results of 15,000+ meters from different zones other than Triangle will then be the next priority, (I assume they have now cut back to 1 core line with Triangle's backlog now caught-up).
 
What has become apparent for me throughout the years, as far as Integra announcing timelines on future catalysts, the're seldom if ever early, and for the most part always late. Therefore I would not be surprise at seeing the upcoming PEA & RE coming in later than stated, along with other pending news, as in future drill results on LD & GRC, and bulk sampling completion. 
 
Also apparent to me, as I'm sure others, is that with most decisions made by management in taking our company forward, there always seems to lay unexpected twists & turns on the path of de-risking the project.  I suspect a couple main reason for this is, the complexity/opportunities within the project itself, given the numerous high-grade zones presented, and currently being discovered, along with majors & mid-tiers pounding at Integra's door, wanting to add the Lamaque Project to their dwindling list of high-margin assets. 
 
All of which presents to management, an assortment of different options to look at when deciding on future financing, with the main focus being to bring this project forward without compromising the overall value, but instead adding to it.
 
The bottom line - Having a highly economical, multi-million ounce asset with a permitted mill in a safe region is quite scarce, which makes it quite valuable, which makes that absolutely rewarding for shareholders. GLTA
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