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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

Post by studiousoneon Jun 10, 2014 8:13pm
263 Views
Post# 22647566

Rumor true; Casey Investment Research Alert service on ICG.V

Rumor true; Casey Investment Research Alert service on ICG.VRumor true; Casey Investment Research Alert service on ICG.V today! Rumor has it (took notes from brokers in board room meeting) that Integra Gold (ICG) was the topic of a Casey Research Investment Alert this morning, part of its exclusive Casey Investment Alert service (its elite limited club. They give heads –up to members of the service of investment considerations before they hit its mainstream publication and/or head-up on tradable scenarios). Anyways, I asked the brokers for a copy and they said it is a private paid subscription service so they can’t give content, but they went over highlights of the why surrounding ICG: (I’ll cover it in point form) - Financing on attractive terms (units at 20 cents with a full two-year warrant at 30 cents (which can be accelerated if the stock hits 50 cents, but that's at 150% higher prices – thus very good) - ICG not out of cash, but going for acceleration in drilling Lamaque, and drilling to date has gone well, management advancing fast, exceptional grades. - Results will upgrade confidence of categories of resource and add ounces. - ICG is going from small high-grade deposit to larger high-grade. - Management cutting initial cap-ex and economics will improve over already very good low $69.2 million with IRR of 38% and NPV-% of $88.5 million. - ICG has done more engineering than most would have at this stage and the company is delivering, the share price is on sale (half of Q1 highs), and presents opportunity now. - high comfort level for investors to buy at open market at the current share price and if you (accredited investors) can get a place at the PP table you should grab it as you get free warrants. All around good news imo Remember the Alert service is a paid service so I can’t provide copy or even nature of content but I can confirm the rumors. Trade on people and good luck.
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