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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 Dec 12, 2016 1:51pm
129 Views
Post# 25586975

RE:RE:RE:RE:Triangle's Q1 RE

RE:RE:RE:RE:Triangle's Q1 REWith the increase in ounces and the ability to increase the mill capacity to 5,000 or 6,000 tpd for a relatively small cost, it becomes more econimical to run a lower grade through the mill.  Why leave a million ounces in the ground at Triangle and No 4 Plug when you can process a large amount of ore?

I don't see a JV with anyone unless reasonable financing can't be obtained.  No one would give us anywhere near full value.

Don't know what area they plan to drill next in mid to late 2017.  Probably just concentrate on Triangle C4 with a few GRC targets thrown in.  Don't see them doing a big drill program anywhere else do to cost constraints.

They need the mother of all financing to do everything they want in the next 2 years.

If someone trys to buy us out, logically, they would go for Eastmain too.




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