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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 wwadehammeron Apr 06, 2017 11:49pm
207 Views
Post# 26089716

RE:RE:Article on ICG

RE:RE:Article on ICGThanks Blue.  it's a Great Article that was much needed.  This cleared up things for me.  We now know the hole went down to 2,500 meters - 300 to 500 meters deeper than originally planned and 700 meters deeper than where Sigma left off.  I imagine the wedges will go deeper at an angle to cut any P shears sloping down from Sigma to Lamaque.  I believe the mother hole and first wedges presented an expected (hoped for) geological model that shows Sigma and Lamaque gold bearing structures continue to a depth of at least 2,500 meters.  This would put possible LD ounces at around 6 million down to 2,500 meters.  Add in 2 million for Sigma down to 1,800 meters and you have total inferred ounces of around 8 million by the end of this year.  Add in Triangle and the others and you're looking at 11 million ounces.  IMO, it's no longer Blue Sky but a coming reality.  
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