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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 tomgraniteon Dec 24, 2016 8:35am
165 Views
Post# 25642357

RE:$1.25 to $3.00 next year ?

RE:$1.25 to $3.00 next year ?Marine, the diagram that you have posted for about the 20th time :)  shows the target area starting at around 1,200m and going down to 1,800m. The biggest target area is where the 2 deposits are expected to come together at the lower levels. However, if they are putting some wedges through Lamaque's deposit just below where mining finished, then that could lead to us getting a very good picture of what is in the potential for a mineable deposit.

If they get good results from the majority of wedges then maybe they will pursue with follow up drilling. Considering that Lamaque had 4.5mil ozs in 1,100m, there could well be 4-6mil ozs in the target are IF the diagram is a true picture of how the deposits are formed. 
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