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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 Dec 29, 2010 7:53pm
547 Views
Post# 17904240

RE: RE: Any Day Now

RE: RE: Any Day NowHello Bob; I truly hope you are right about hole #8.....it may be shallow at under 200 meters deep but as I posted previously I am not as optomistic as our hole #8 was drilled right next to parsons historic drill hole ( posted on Allana website presentation)...40 years ago he hit Sylvinite with 15% / 3.3 meters and Kainite with 39% / .58 meters, not the best grades and depths of potash but soon we will know what Allana hits?
Our hole #7 (in the north of the property) was drilled next to where Parsons hit +60% Kanite and +20% Sylvinite over 7 meters deep potash zone....
I would suspect that Allana will put one more hole into the south, somewhere west or east (lower Haro Property) of hole #8 to create a geological triangle that can be squared up ( Hole #8 with Hole #6 and Hole # ?) for Ercosplan to use for the 101 N1 resource calculations this spring. I am sure if Hole #8 gets better results than Parsons got, we could end up with another 3 kilometer square zone similar to the values hit in the upper zone with a 3 square kilometer zone for holes #1,#2,#3 and #7. The seismic survey was along strike with hole #8 so any further drilling will be based on the science of what they see in the 2D seismic survey east or west of hole #8....
So, I expect very positive marks for hole #7 and wait and see on hole #8...I will repost a revised prelim resource calculation once we get the results from these drill holes....
Karma
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