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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 is formed for the purpose of identification and evaluation of assets or businesses with a view to completing a qualifying transaction. The Company has not commenced any operations nor generated any revenue.


TSXV:AAA.P - Post by User

Post by jbbigboyon Nov 27, 2010 9:53am
428 Views
Post# 17765927

Karm....

Karm....AAA still needs to identify a mineable resource.
Holes 4 , 5 , and maybe 6...time will tell....look good for a resource estimate but they have yet to prove up a large MINEABLE resource.
If you think that Hole 4 and area in mineable......you are dreaming..... 8% KCL at 700m is not desirable by any mining company.
Hole 7 and holes on the new property ...especially holes on the Haro property will make or break this company unless Hole 6 is alot better than 4 was. 
Some people seem to think that if a resource is there , its a green light.   Hole 7 and new property holes are crucial as of today, AAA has not proven a large enough resource to mine......
Hole 6 a big hole  ...if they can get some more promising results there...then there is more reason for optimism.
I was like another poster ...really scratching my head as to why Hole 6 was so far away from the current resource.
Why not drill a bit closer to Sanik's property to at least prove up some more respectable #'s ...???
Perhaps mgt. was trying to hit a homerun early with Holes 4-6 ....I dont know.
Hope to hear some news on Hole 6 Monday.....good luck boys.
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