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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 Newbernon Jul 09, 2016 9:33am
148 Views
Post# 25037906

RE:Something up,, and it's not just the stock !

RE:Something up,, and it's not just the stock !The HUI did go up >7% on Friday. As more people buy gold miners ICG stands out due to the mill, drilling program and being close to production. It is rare to have a miner that is an excellent business model such as ICG.

It looks to me like like ICG management is in it for the long haul unless some kind of crazy offer occurs. But they know without drilling Lamaque Deep they will never be able to get an accurate value for ICG. My guess is a buyout isn't in the cards anytime soon.

Besides the next PEA and RE, the results from Lamaque Deep drilling will begin to paint the picture of the value of ICG.


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