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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 May 27, 2011 2:31am
632 Views
Post# 18632822

RE: On Stockstag's request

RE: On Stockstag's requesttcelling, first off your calculation is not just "rudimentary" it is just wrong....period.
If you would spend as much time on your WPX board trying to figure out who is going to finance your Capex for your mine you would be better served. Money does not grow on trees...and some large investors and funds have figured that out....$2 Billion Dollars versus $800 Million Dollars...$1.2 Billion Dollar difference in estimated Capex...
That gives Allana a $6.00 per share advantage before we look at a resource estimate comparison.
The facts are telling...and why Allana will be the next producing potash miner.
Shallow Deposit with up to 70% of premium prices SOP and specialty market, Solution Mining and Open Pit Mining, less than 50% the cost of Sask, Mine Capex, China and Indian Market wanting supply and Allana will not be part of the Canadian Cartel, Liberty Metals and IFC World Bank ready to fund one third of Capex, China Minerals memo of understanding to fund one third of Capex,  that leaves $250 left for Allana to fund...
Then look at the Resource...WPX will have a 35% extraction rate of KCL versus Allana having 90% extraction rate from our open pit mine...then lets just use the Measured and Indicated Tonnes...forget your 701 million tonnes of Inferred cause they dont count... they are what I call wishful thinking...no value in Sask. even for a deep pocket buy out...
Enough said....hope you see...Apples and Oranges...period
Go Canucks...all the way...Go AAA....all the way...Go Farhad..."buy that Samarian Land" and I will organize AAA shareholders to come over with garden shovels and dig the shallow open pit deposit for you....lol.
Karma
 
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