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

Comment by goldhunter11on May 13, 2016 10:36am
118 Views
Post# 24870011

RE:Kaminak had a “Robust feasibility study” before a buyout !

RE:Kaminak had a “Robust feasibility study” before a buyout !Here is another article from FP on the sister junior that was just goobled up by the big G for $520M. Note that Kaminak CEO is Eira Thomas, the Queen of Diamonds.

https://business.financialpost.com/news/mining/goldcorp-inc-to-buy-yukon-miner-kaminak-gold-corp-for-520-million

A 5M oz resource and a solid Feasibility Study would certainly help to secure a nod from G which seemed not to stray too far from the PRB model ($526M for some plus 4.3Moz). It's a model for ICG to follow to attract G's (or somebody else's attention. But with a ready-to-go mill and a good location (sitting next to Val d'Or) and the potential to pony up to 4-5Moz say by the end of the year.

The writings are on the wall, ICG is ripe for the picking. The question is who is going to make the first move?

Let's say ELD were to make that first move, without waiting for a Feasibility Study to come out. The question would be: G just sits there and take the abuse? My guess would be that G would not let that happen. It would try to swallow ICG as well (even at a risk of a slight indigestion).

For a major with a $20B Market Cap, even a $1B "strategic investment" would amount to some 5% share dilution (with a gain of a potential resource of plus 4-8Moz. The Deep alone could have a potential between 2-4Moz). This is risk taking for highly paid people is all about. For them anything less than $1B is chump change.
GH   
<< Previous
Bullboard Posts
Next >>