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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 Marine2on Mar 27, 2017 6:13pm
247 Views
Post# 26037588

RE:RE:RE:Question regarding "third party acquisition" ?

RE:RE:RE:Question regarding "third party acquisition" ?

Thanks blue and goldhunter

 

Thanks for confirming what I had suspected would be the answer,, third party acquisition !

 

While at the PDAC the feeling I got talking to “official” Integra representatives was that they were guarded about certain questions regarding Lamaque Deeps and the GRS / Toyota results.

 

It was suggested that I might see something on this at the end of this month ? 

 

I have a sense there is some kind of deals being played out here in order to buy time ? If someone came in with full intent of taking Integra out early then they (Integra) have to be planing a defensive strategy and thus the question regarding Eldorado’s rights if Integra brought in a third party.

 

For an asset that could be worth $ 2.5B to $3 B in time, it’s a real challenge to not be taken out early @ $600 million. This is where a CEO and The Chairman plan all the moves going forward so that $600 million take out does not happen early.

Will Steve and George go out as heroes or losers at the ens of the day? 

 

One strategy may just be bringing in another interested party ?

 

Time will Tell on how this plays out.

 

M2

 

PS: I hope there is news on Lamaque Deeps and the GRS / Toyota targets this week,,,   though I don't count on it !

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