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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

Post by studley69on Oct 12, 2010 6:08pm
372 Views
Post# 17555781

Read between the lines

Read between the lines

In addition, during Mr. Farhad Abasov's recently held interview, Mr. Abasov stated that the 'potential exists to increase the inferred resource by at least 5 to 10 times'. Allana wishes to clarify that the above disclosure of exploration potential is not compliant with NI 43-101 requirements for disclosure of a potential mineral deposit or exploration target, and retracts guidance about potential additional quantity ranges. Although Allana management believes that based on current and historical drilling there is potential to increase the mineral deposit, there can be no assurances that further drilling will result in delineation of additional potash resources.

Following completion of the 2010 drill program, the Company plans to update its mineral resource estimate and will announce any material changes to its resources when received.

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