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First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company is formed for the purpose of identification and evaluation of assets or businesses with a view to completing a qualifying transaction. The Company has not commenced any operations nor generated any revenue.


TSXV:AAA.P - Post by User

Comment by AdamJTon Apr 19, 2012 2:23pm
218 Views
Post# 19813355

RE: RE: RE: Regulators in Canada?

RE: RE: RE: Regulators in Canada?

This isn't large volume and indicates nothing. It's large relative to recent action but, those of us who've been around these parts remember the days and weeks where multiples of the current volumes were the norm. Large shareholders also are indicative of anything as many institutional investors jumped on in late in the game and will bail because they are impatient. Instititional/large investors doesn't mean smart money just lot's of money and they can eat their mistakes easier than the smaller investor can.

The studies aren't anywhere near completion. Even the water study is only one slice of the picture and if they wanted to they could have conducted a study about building a pipeline alongside it but, why waste money frivolously at this point.

If your so fearful than dump your shares and leave never to return again. At least if you had some sort of intelligent argument beyond regulators and large shareholders you may be believable.

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