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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 honkytonkgirl1on Dec 03, 2015 5:36pm
214 Views
Post# 24352218

Seeking Alpha / Eldorado hungry for more

Seeking Alpha / Eldorado hungry for moreGreat article Sailerbull, thanks for sharing, I especially like the bit below:


``Readers should also remember that Integra recently closed on a C$14.6 strategic private placement investment by large-cap gold miner El Dorado.

As I pointed out in a previous article, El Dorado also gets the right to participate in future equity offerings, and potentially add one director to the board (should El Dorado's ownership exceed 19%). It's pretty clear what El Dorado's intentions are: I think the company could be interested in buying out Integra in the future, to diversify its production out of riskier mining jurisdictions.``


It is becoming obvious to many that we have at least one suitor (Eldorado) but possibly a few more (Agnico Eagle, Goldcorp, Oceana Gold to name a few...) as the deposits keeps increasing in size and grade.....


A shareprice below 40 cents may soon be a price form the past.


Good luck to all longs,

Holding with confidence,

Honkytonkgirl

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