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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 str8tgoodson Jun 14, 2010 10:07am
288 Views
Post# 17185595

RE: RE: RE: anyone

RE: RE: RE: anyone"Watch for Allana to aquire additional land leases that are on trend to the new shallow potash discovery in hole 2."

rdb7, part is an educated guess, but unless the "new discovery" in hole 2 which may increase Allana's resource is on their lease, I would guess that Allana may be looking to add new leases that are on trend to this new discovery.

We're looking at 5 metres of shallow potash 15-20 metres from surface.  That is huge if it is found in great quantity at these shallow depths.  

I believe Noront (NOT) did the same thing prior to releasing their results from the "Ring of Fire".  They bought up as much leases around their discovery first.  Just speculating, but maybe Allana is doing the same.   
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