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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 wwadehammeron Nov 12, 2016 8:14pm
214 Views
Post# 25453885

RE:Answers from IR

RE:Answers from IRBlue, IR sounds just like a politician.  Talk a lot but don't say much.  One of the quotes from IR in your post caught my attention

 "In an ideal world, we may have waited to put out the PEA until after the larger RE; however, as drill results are received and new zones are discovered"

What new zones would those be?  Sounds like management is expecting a big hit at one or more places.  Hope that's true because there's nothing to support the SP between now and the PEA in February. 
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