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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 Jan 20, 2017 10:10am
227 Views
Post# 25733307

RE:Stuck in the mud: Contest aims to digitize plodding miners

RE:Stuck in the mud: Contest aims to digitize plodding minersniceindy,
Thanks for the link. Some observations.

- Not looking for extremely revolutionary ideas, incremental steps to push the innovative process going would do. Salamis used the word "Uberize".
- mining companies have too much dat, and quite often they are lost or not used.
- younger "miners" are coming in and they are not reluctant to use new technologies.

ICG specific:
- ramp 500m in laterally, ready and on track for underground mining
- 2-3 weeks for the PEA (his word: spectacular)
- Capex: $60-80M, cheap for a 120,000oz/yr operation.
- new RE in March, presumably just before PDAC ? (again, spectacular). Something like 4MozAu for Lamaque (South) Gold Project, i.e. Triangle and immediate satellite deposits, would be fine by me.
GH 
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