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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 idlefreebirdon Feb 01, 2017 8:50pm
251 Views
Post# 25786791

RE:RE:RE:C2 at 65 Meters

RE:RE:RE:C2 at 65 MetersWade my friend it's not complicated...Lets say you have a block of cheese and you put a long needle through it and at 50 meters you hit the sheet of steel at 65 degrees that i implanted in there , well you know there is now a sheet of steel there... now move your rig over 50 meters east and west and still hit that sheet of steel then you know east west this sheet of steel is 500-1000 meters wide by moving your drill rig...now i've removed this sheet of steel and placed it at same angle but 4 meters deeper and now you put your needle through and say it doesnt hit the steel plate for another 4 meters at same angle and you do this same distance east -west and thats your thikness of your resource as it's true depth...hen you add up the tonnage and grades fro true thickness and voila... had a few beers so this is best explanation now lol ....I will try sober tomorow lol
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