First Tidal Acquisition Corp T.AAA

RE: RE: RE: RE: RE: RE: What an attack

[Karmanow]

There is no information put out by Allana that is misleading or overstated...Mr. Abasov brings a wealth of experience in the uranium industry where he was Senior Manager with Atomic Energy of Canada, responsible for business development in Asia, prior to joining Energy Metals Corporation (TSX:EMC, NYSE:EMU) as Vice-President of Corporate Development in 2006. Mr. Abasov also served as Vice-President of Portfolio Management and Vertical Integration of Uranium One Inc. (TSX:UUU) following its $1.8 billion acquisition of Energy Metals Corporation in early 2007. Mr. Abasov currently serves as President & CEO of Allana Potash Corp. and Executive Chairman of Rodinia Minerals Inc.in addition to having been the Co-Founder and Senior Vice-President of Potash One Inc
I posted this 6 months ago on this board.and now we can see that not only was Farhad correct...he may also have done the math like some posters here. You see, I see Farhad as a conservative CEO...underpromise and overdeliver model. I have worked with 3 TSX CEO;s and from what I have seen so far....Farhad's style of management has so far attracted some very impressive investors...China Minerals, Liberty Metals, World Bank, Sprott Asset Mgt. I think it is always important to follow the money....and in the junior potash space...that is with AAA. When I read my comments below from 6 months ago...I am glad I have stayed the course and continue to have confidence in his ability to estimate accurately.
$725 million for mine cost has a 20% contingency built in...an example of his conservative style was when he told us on a video "that the cost of transportation would be $30 per tonne...but an independent company reported it would be $20 per tonne"...he is not trying to mislead anyone...I think he is preparing Allana to take the world stage...In Ethiopia first...then in Argentina...wpt...he was so right in his response to you...
Karma
Posted October 8th 2010 on the AAA Board:
A few months ago wpf1 posted his summary of a conversation he had with Farhad regarding our project in Ethiopia and a comparison with Potash One.  I have pondered his comments and wondered why Farhad would say that "Allana will Outperform Potash One this year..." he also asked him if he thought Allana would be worth more than $10 per share someday...and Farhad smiled and tilted his head back and said "higher".  At first I thought this was interesting but know I realize that if anyone would really know the real value of Allana and Potash One it would be Farhad. I did not know at the time that he was a co-founder and senior VP of Potash  One...and so when he commented to wpf1 he was commenting from a much higher level of understanding as he has intimate knowledge of both companies from the inside out