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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 Nov 09, 2016 7:23am
124 Views
Post# 25440268

RE:RE:Cart Before the Horse

RE:RE:Cart Before the HorseThank you for all your posts wwadehammer.

It seems ICG is in the driver seat as far as maintaining control of the company or not being bought out. It isn't just the new Canadian takeover law.

At most any time ICG could release drill results, etc. showing a higher value for the company than the SP represents. Thus driving the SP up quickly.

There are large investors as well as management that have so much to gain from going into production. But a $3 per share buyout and we are mostly all happy I suspect.

ICG could actually go into production as soon as next year it seems. I suspect financing options are already in place, at least tentively.

ICG is special in that regardless of gold price being $1200 or $1400 we are looking at a highly profitable business plan. This isn't just a gold mine but a gold mine with a great business plan.

And then there is LD as well as Triangle.

So this is a LTH for me as I have had shares for a couple of years. When ICG purchased the mill I started buying. This is a fun ride!

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