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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 Albertan22on Feb 09, 2017 11:35am
180 Views
Post# 25822929

RE:Squat From GRC

RE:Squat From GRCI've noticed this too, and wondered about it.  My hope is that the delay in releasing these results is related to the PEA -- i.e. that the results will be worth more if they are looked at in the context of an improved mining plan.  I don't know if holding them would be compatible with (my understanding, could be wrong) that 'commercially significant' results have to be released on reasonable time schedules, or if doing that would make sense for a company anyway.  I worry that the delay means that there is very little to release.  I think that ICG has good management, but good management can only go so far without good drill results.

Regardless, over the next 3 weeks we should at the very least get an updated plan.  
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