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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 goldhunter11on Dec 06, 2016 6:09pm
106 Views
Post# 25562903

RE:Probe

RE:ProbetabM
The thought must have crossed PRB Dave Palmer's mind, since the maps issued by PRB in both the NR and the Dec 2016 Corp Presentation show clear marking of the properties surrounding the the JV (Cadillac Break East) which contains Sleepy (~300,000 ozAu), the old Sigma 2 mine (ICG) and its own Lapaska property (has some 80,000 ozAu) which is about 2km west of Sigma 2.

Sigma 2 has been mined by Placer Dome in the 90's. They got out ~160,000 oz Au from a 100 x 600 m open pit.. Go to Google Earth (48 04 10N, 77 27 41 W) you can see the site with a lake of the same size (the old pit filled with water).

Dave and de Jong might have some chat already. ICG has no plan for it right now, as far as I know, but Dave might want to consolidate the land position. I would negotiate with ICG for a JV, or even for a 100% acquisition of the land with PRB shares, and some NSR?

If you are interested,  AZX has on their website, under projects, some relevant info on the Sleepy Lake Zone. The local geology, including Sigma 2,  is quite interesting (you can see the white oval lake/Sigma 2 pit at the extreme left margin of the map).
Happy hunting.
GH

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