First Tidal Acquisition Corp T.AAA

RE: food or gold...fool's gold?

[jonofdubln]

Seekingalfalfa,

First, nice job talking to FA on the conference call. If I remember right and connect the dots, you were the first up.

Do you really think he put off production to get a better deal?  I would not mind a delay of a month or so, but you were as ticked off as I when you saw the new timeline projection (loss of 6 months).  Interest rates are artificially low and it is only a matter of time before the "better deal" would be absorbed by the new/higher cost of money.  

This takes me to another thought...is the better deal, a buy out.  If you want to mine, you want to go full speed ahead and get revenue ASAP.  If you are going to sell out, you may wait.  Am I off here?  The delay makes me lean towards a sell out and someone like BHP can start mining in 3 or 4 locations on the property and not think twice about it.  A junior would not be so agressive.

I want production, but smell a sale either after the drill results or after the feasibility study/decision in late 2012(most likely).  That said, I hope we push double digits on the buy out.

My best to you,

John