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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 28, 2010 2:51pm
283 Views
Post# 17228030

RE: RE: Expectations of 25 MT Measured Reserve

RE: RE: Expectations of 25 MT Measured Reservesumeroil, the market is unsure of the amount of Potash Allana will prove up, that is why the market cap is currently where it is.

Once expectations are "met", then the valuation by the market should be what the proven deposit warrants.  At present it is not proven, but expected.  It can either be less, or it can be proven to be more, but we just don't have the proof yet, otherwise why are we drilling.
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