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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 Oilminerdeluxeon Apr 11, 2016 2:56pm
192 Views
Post# 24752930

RE:RE:RE:something's going on

RE:RE:RE:something's going on
Marine2, If they have some more results in their bag, this would be an absolute perfect time to release them, imho. Keeping the momentum going. No doubt they will come soon anyway. I have become very paranoid over the years when it comes to investments in the mining sector. All kinds of crazy scenarios occupy my mind sometimes. Not saying this is at all the most likely one. The ER deal - they have a PEA coming out in June if I am not mistaken. If that is good and whatever driling they wiill do in the future comes in positive, they will be taken out. of that I am sure (could be wrong of course). It could be as easy as Integra is very sure a takeover will come, or some kind of other development, and that the new PEA will push the value of that investment a lot higher. 100-200% perhaps. Who knows. Just speculating.They could just be sitting and waiting for that to happen. Having a plan for their own Triangle developments in place, not have to worry about that Money. I got the impression Mr. deJong was quite sincere when he said on BNN that this was perhaps the only PR they would ever do in regards to ER -- I am sure they have a few scenarios how it will work out in the end, but me personally got the feeling not much more will happen. I am fully aware others might have an opposite view than I have. And it's no biggie if this thought is proven waaaay wrong. Will be looking forward to that PEA and what follows after it. If ER decides to do another large drill program on the property. I am sure ICG's 9.9% should increase a lot with time. There are most likely other scenarios that are much more likely to occur in regrads to ER. As of now, I don't expect much to happen in the short timeframe. I am happy to be wrong. For now, I want more from Triangle. Next NI 43-101, albeit a long time yet before it is here, should make us all salivate once it gets near. I have a suspicion we will do so around the time of the PEA .
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