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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 Karmanowon Oct 12, 2010 3:23pm
191 Views
Post# 17555011

RE: RE: Embeded or in Bed

RE: RE: Embeded or in BedAdam, I may be alot of things but paranoid is not one of them lol.... I am a creature of facts and trying to see the larger picture and implications and I attempt to manage risk when possible. I hope we get to an updated technical report/resource calculation before any major would attempt a take over. It should be a Priority of management to ensure everything that can be done is done to achieve this!!!   There are some people on here that believe that we will never get to production and will be taken out. Our share price will be alot higher than these levels with all the pending news and drilling to be completed. I agree that Stan/Farhad and company would want a whole lot more than pennies for this company. I guess my point is why did we have to hear this from a private meeting with Dundee? What about the current share holders that do not read this board or have access to the Dundee Report? How would they know about BHP being on site...in my oppinion this is not the way to build confidence in shareholders. I think we agree that the real prize of AAA is getting to production and which ever matrix you use it puts us in the multiple dollar range per share assuming 500 - 1 billion tons of potash.
Net Asset Value, or actual "Pounds in the Ground" compared to the last 2 potash company sales, or using the current "27 times projected forward cash flow model"
Karma
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