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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 willibrichon Jun 10, 2016 12:20pm
168 Views
Post# 24954973

Integra now a better investment than ever

Integra now a better investment than ever
To me , Integra seems to be a better investment than ever for the following reasons. 1 ) Integra is now once again a discovery play with the huge backlog of drill results pending and the large amount of drilling ongoing. With loads of $ in the bank , they could even chose to accelerate their drill plan further. 2) Their acquisition of the mill and existing mines for pennies on the dollar was ( in hindsight ) brilliant. 3) Another brilliant idea was their " Gold Rush Challenge " competition. This allowed them to tap the brains of the best in the business to further develop their drill plan. Very smart and innovative. 4) Yes , insiders have recently been buying shares and this is always a positive sign for retail investors. Integra is mostly held by retail investors , who have , of course , been severely stung by the last 5 year bear market. So this would account for the large selling around .68 to .70. Gold miners have a saying that " the best place to find gold is right next to where a lot of gold has already been found " There is a very good chance that Integra could double their indicated and inferred resources by the end of this year. Their updated P.E.A. will also likely be more robust. So all of this , accompanied by an increasing price of gold spells happy dreams for Integra shareholders.
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