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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 Resilienceon Nov 10, 2010 1:53am
407 Views
Post# 17684959

Drill holes not the same as Dundee + Miscl.

Drill holes not the same as Dundee + Miscl.Have a look at the map AAA posted:

https://media3.marketwire.com/docs/allana_potash_fig1_nov9.pdf

Those indicate different drill holes than Dundee:

- Dundee Dk-10-07 directly to the South of the new Haro property
- AAA Dk-10-07 to the North of that hard against the new property and South East of Dk-10-03


- Dundee Dk-10-06 is to the South of the Musley deposit
- AAA Dk-10-06 is at the letter 'L; in the Dundee report: if you pull the left line of the big Sainik property straight down and then it is the 2nd hole (this might still give it fairly low potash mineralization, as it's not far from DK-10-05)

IMPORTANT to note as the mineralizations to make the initial mine in my view will depend on the Haro property.

Also I am surprised Samaria apparently was able to hang on to the other part of the property.

Lastly: note the title of the NR: Allana Potash Corp. Starts Consolidating Ethiopian Potash Basin

As Sainik starts missing the work requirements I think they need to relinquish their field to. So they either make a deal soon, or it disappears for nothing. I still think at least part of the Musley deposit is use-able. Ofc. AAA/Dundee gain nothing by saying that but the North part doesn't look overdrilled to my (granted untrained) eye.

R.
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