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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 BASTILLEDAY4Uon Jan 26, 2017 6:45pm
269 Views
Post# 25761307

RE:IR

RE:IR
wwadehammer wrote: I just got off the phone with IR.  IR said the LD mother hole went down 2,275 meters and no additional drilling beyond that point had happened or was planned.  IR said that only 1 wedge had been completed and didn't think there would be any news on the LD drill results for another 90 days.  The wedges can be sent in any direction either up or down to hit specific target areas.  The wedges will be sent out between 1,000 and 2,200 meters deep at a spacing of about 100 meters between each wedge.  15 wedges in total are planned. IR also stated that the ramp is 600 meters in with 600 meters to go - will reach between 180 and 200 meters deep.  


Steven should alert China before the drillers poke a hole in some guy's rickshaw tire. What a way to pad your resources.
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