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.

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First Tidal Acquisition Corp

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Post by str8tgoodson May 07, 2010 6:22am

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Post# 17073205

Chinese & BHP

Interesting posts and possible scenarios. I would agree there is great potential for some form of partnership sometime after drill results. If they wait until the completion of drilling, good results should dictate a better deal for AAA.

Thing is, I find it difficult seeing AAA in the picture if/when production commences. Would the Chinese allow BHP to obtain majority ownership of a commercial potash mine? AAA may find themselves in the middle of a partnership/buyout deal that could see BHP and the Chinese consortium building a mine.

Need good drill results. If that happens, AAA shareholders should be in a win/win situation. Maybe we'll be bhp shareholders, who knows. Hopefully the markets find some form of stability soon. Too many traders getting whiplash, lol.

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