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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 chadioon May 19, 2017 8:53am
127 Views
Post# 26263526

RE:RE:RE:Sent to BNN

RE:RE:RE:Sent to BNN .....I highly doubt that anyone will hear back from I.R. or any ICG managment...........for myself, this offer sheds light on the chain of events of the last few months.....as in RE before the PEA.....recalculating the Sigma resource.....putting off all things non Triangle zone to future farther out dates.........the bulk sample probably couldn't be danced around.......basically this offer was made soley on the Triangle and mill and nothing to future ounces potential since there is not much data currently available on that...........whereas in the second half of the year that data may be out there...........I suspect we won't see any earth shattering pr's until after the deal is done.......when  you have a company wanting to take over another company with someone on the inside of the target company and only have have limited resouces, a limit on cash and shares to hand out, to  make the takeover, why would you as the company doing the take over want  a runaway share price that will cost you much more.......this deal will go through even if ELD s/p falls.........just another example of where the small retail shareholders aren't needed any more and they become collateral damage........there is a single glimmer of hope in my mind that a superior offer will come along......but facing reality, I don't think one will

anyway the above comments are just my opinons and nothing more then that....enjoy the Victoria Day long weekend
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