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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 Marine2on Dec 05, 2016 11:56pm
172 Views
Post# 25558382

RE:Blow Your Mind

RE:Blow Your Mind

wwadehammer;

 

Great work in pointing out the resources Century had on their books.

 

I could never understand why Integra share price never reflected the value of Century assets after they were purchased ? I was told at the PDAC that as the assets sit, in their states, was not worth anything.

 

It was explained that with the mill was sitting Idle,,  the 43-101 resource being questionable and that until certain upgrades can be achieved there really isn’t much value!

 

This is where the Integra team will turn a lump of coal into a diamond. 

 

First the resources has to be re-molded and updated in order to build more confidence in the numbers and then to bring value to that $100 million mill,, Integra will show a good mineable grade to put through this mill with a new PEA. Once all these upgrades come to gather the value of the Century ounce will start to be reflected in Integras share price. IMHO

 

These values,, like you pointed out, (5,529,445 oz @ 4.93 g/t) will be substantial and should easily get us to $800 million market cap and add the  mill,,,  potential of the Sigma East and Lamaque Deeps into the fray, we could be over the $1 Billion Market Cap! IMHO

 

It will take more time but there will be a large leap forward.IMO

 

M2

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