Intchains Group Ltd V.ICG

Primary Symbol: ICG

Technology Semiconductors

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

Intchains Group Ltd

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Post by silverbuckon Oct 27, 2011 12:36am

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Post# 19185239

Comparison

This is all Bonanza Gold has for proven OZS is 255,253 and the stock is sitting at .57 with roughly 200 million shares outstanding plus they had to build their own mil, and it is close to production.

TABLE 1. MINERAL RESERVES - COPPERSTONE

Classification	*Tons*	Grade (oz Au/t)	Cont. Ounces
Proven	996,202	0.256	255,253
Probable	6,413	0.184	1,178
Proven & Probable	1,002,615	0.256	256,431

Now in comparison, if ICG were to prove up 1 mil ozs open pit with the town of Val dor and a mill in their back pocket just waiting for the trucks to come in, if the market ever got wind of this stock with just roughly 85 mil shares outstanding couldnt ICG have the potential to be a 4 to 5 dollar stock pre production? Also the drills will still be turning in the mean time.

Marine, is my math off?

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Geologica Resource: Polymetallic upside at a depressed price