Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Bullboard Posts
Comment by Nununzacon Mar 28, 2014 10:05am
157 Views
Post# 22380853

RE:Integra should be at .70 to .80 !

RE:Integra should be at .70 to .80 !

I don't agree. Someday ICG will have to start operating its mine rather than to continue drilling. ICG cannot go on forever spilling away money with its exploration program without having any revenues because it will have to either leverage more debt (which raises a company's specific risk; more risk = higher ROI demanded by the market) or will have to issue more shares which will dilute our current vested interests in the company. The market already forecasts this into the current SP. We are already at 174M shares. A SP of 0,70$ will value the company at 122M$ ; 122M$ for a company that has yet no revenues, only potential futures revenues for its only mine. I don't say a SP 0,70$ cannot happen with new drill results, but very unlikely. Just look at how the SP got hammered this week despite excellent news. Moreover, the longer the company waits before mining Lamaque, the more it is exposed to the risk of gold's price (gold is entering a bearish phase). I am still convinced that Lamaque will be lucrative, but I just want the company to accelerate its pace. At 0.30$, the stock is still a good bargain, but I don't expect any sustainable wild upswings anytime soon. Even though I own close to 30,000 shares into ICG, I like to bring a skeptical/critical opinion into this forum so that you guys can see both sides of the coin before making any financial decision.

Remember, never put into a stock more money than what you can afford to lose, that's my best advice.
 

Bullboard Posts