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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Comment by str8tgoodson Jun 28, 2010 9:48am

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Post# 17226798

RE: Hole # 3

"I disagree about hole #3. I think it will completely miss and I am not counting on any boost from it, although hole #4 will be the kicker to get us going. "

stockta, you say that hole#3 will completely miss, why? Do you know the location and why they are drilling there? If they are drilling to dilineate the bounderies of the potash deposit, then they may miss all together, but I don't think that is the case.

I think that with all the holes, they are drilling for 2 reasons.

One is to validate the Parsons data and define the known potash deposit, so unless Parsons missed altogether at or near hole#3, then Allana should come up with some potash mineralization. Whether it be high KCI% or low, it will either meet or exceed the Parsons numbers for that area being drilled.

Second, Allana is looking to increase the known resource numbers This will happen using data from both drill programs. We need to find an extension and that is when we will either get nothing, or a continuation of the mineralized trend, which will exceed Parsons' results.

Don't know the numbers for hole#3, and I'm sure you don't either, but it's better to have low expectations than high. The important thing is not to misinterpret the short term results, because it is the overall results which should make Allana's valuation a multi-bagger from here on out. GLTA

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