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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

Post by DashForCashon Oct 12, 2010 3:12pm
247 Views
Post# 17554956

BHP

BHPExcellent reading on both sides boys - but I am more in the Adam - less paranoid side as well.

Back to the F & M - inside shop theme of "we are builders not traders" as a guiding point.  Sure everyone has to exit as some point but I beleive Adam is right about the amount of skin in the game Stan has - and Farhad is too smart to excecute selling short when a few years could mean  a massive difference in return.

Questions :

1.  What happened to the "Falconer" (spelling ?) overhead survey BHP was doing and comping us at a multi million dollar savings on part of our property ?  Would not mind an update on that.

2.  What happened to the further review of the hole four drill results - I believe we were going to look at a few other areas on the cores - wonder where that is at ?

3. Wish in a way they did not indicate they were looking for the deeper kanite layer - wish they just drilled for it without disclosure.  And while I am all for open discussion and actually prefer it - I am concerned that if they find nothing - wham goes the stock price again.  I guess as I believe and am long it does not matter - but when they say the hole four drill shot was kind of a wild cat guess because they had no seismic to assist in target shooting - are they not also flying a little too blind on this deeper drilling as well with no seismic ?  Wonder why they think it is there ?  Don't get me wrong - glad they are drilling that deep but a surprise find would have popped us - an expected find helps - but an outright miss hurts (or allows for more accumulation - which I have been doing)

Just some later afternoon musings.  Welcome quality comments.

D F C
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