Intchains Group Ltd V.ICG

Primary Symbol: ICG

Technology Semiconductors

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

Intchains Group Ltd > Lamaque Deep Resorce Estimate - 4Moz?

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Comment by Newbernon Jun 03, 2016 7:01pm

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Post# 24933364

RE:Lamaque Deep Resorce Estimate - 4Moz?

Nice calculation goldhunter11. This underscores the potential for ICG.

Wasn't it Lepouttre that just wrote he suspects the next PEA to offer a NAV 3 to 4 times the last PEA NAV of around $185 million? This would put the NAV around a $1.25 share price. The next PEA will not even include your calculation which adds about $1 a share.

From all I can tell ICG is a good short term, medium term and long term investment. This is a safe investment as well - Canadian, well run, and at some point in the next couple of years I suspect gold will take off.

It makes no sense to me reading about buyout for for $1 a share.

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