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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 12, 2017 4:24pm
197 Views
Post# 26114666

RE:RE:RE:Been Waiting A Long Time

RE:RE:RE:Been Waiting A Long TimeM2, IMO it looks like the Big O is overdoing it.  One drill release seems to blend into the other.  Not much effect.

Notice how Triangle drill releases don't move the SP.  Imagine if Integra released drill results on a weekly basis.  People would glance at the header and move on.  I think what Integra is trying to do is gather enough drill results to have several stories to present at once so we could start see drill results delayed from monthly to bi-monthly unless something big occurs.  Like the one where they hit C2 farther west than expected and still could talk about high grade over greater widths.  I think that's why this next release is taking so long, Integra is looking for more things to put in the Header.  I know if the next news release is just "drilling continues to confirm the geological model and we hit 24 gpt over 3.5 meters capped at 11 gpt true width of 3.1 meters bla bla bla, I'm not going to get excited - its good news but expected now.

What we need is:

"Three new C structures found below C7 spaced approximately 100 meters apart"  

"GRC target returns 9.8 gpt over 5.3 meters"

"First two wedges under Sigma confirm P structures at 2,600 meters" or "first two wedges from LD  confirm that Sigma and Lamaque plugs join at 2,500 meters"

That will get the SP jumping. 
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