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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's principal business is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities. The Company has not generated revenues from operations.


TSXV:AAA.P - Post by User

Comment by CLLISNOGOODon Apr 02, 2009 12:00pm
180 Views
Post# 15891418

RE: Thanks C...

RE: Thanks C...Yes. I believe it has the biggest near-term gains % of all the Junior Potash players. As stated in their Corporate presentation from March, they are currently in talks with "major mining companies". At the same time, the rumours of BHP bilton wanting to acquire Potash companies won't go away. https://www.bloomberg.com/apps/news?pid=20601081&sid=aHvqqZTF8Wpk&refer=australia

Count Vale as a possibility too. In feb this year, they paid $850 million for the Potasia Rio Colorado potash deposit in South America. Also, Africa is still an area they wish to target (source article: Africa still in Brazilian mining major Vale’s sights https://www.miningweekly.com/article/brazil-still-in-brazilian-mining-major-vales-sights-2009-03-13).

Excerpt from above article: "AFRICA

The company is, in Barbosa’s words, “permanently evaluating nickel, copper, iron-ore” and other projects, while “fertilisers, [potash and phosphates], are a very important area for us”."



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