First Tidal Acquisition Corp T.AAA

RE: World Bank Deal/ Presidential Blessing

[Karmanow]

The next news release will be on the Property Deal for the section owned by Ethiopians. I am not guessing, so please allow me lattitude and read between the lines and assume that I am correct. For those new here, this property is a big deal because it is as large as the zone where we have drilled holes one through three, as well as Parsons previous 12 drill holes on our property that were used to calculate our 105 million tons inferrred potash at 20% KCL. Ercosplan states that the property is on strike between the Musley and the Crescent Deposits and Ercosplan stated that this zone should possess the same values of potash as discovered by Parsons. So, what is the upside for share holders? My interpretation of the reports supports this 15sq km section of property will contain as much potash as we currently have....105 million tons inferred. In my oppinion this play, at this stage of development has been about proving up the potash reserves for minable N1-Compliant Report, and this deal will move it much closer to that goal. If we are trading at 45 cents with 105 million tons what should we be trading at once we have this property secured?.....As someone posted earlier, a site visit next week will move the World Bank Deal for financing closer to conclusion. I would want to meet the President of Ethiopia as well if I were going to finance a major project long term.....For the record, Sainik has not completed the promised Bankable Feasibility Study by mid 2010, so the Ethiopian Govt will be losing the 30% taxes they were promised....what to do...Farhad is a very shrewd man, as hard as nails...and may not want to deal directly with Sainik,  knowing from the Ercosplan Report that they will never have enough potash to build the $800 million capex for a mine, maybe he will wait for the Govt. to put firm expectations in place for Sainik or to revoke the land and Farhad to get it for nothing.....interesting if this is the strategy...
Good Luck Longs
Karma