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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

Post by kingplaya4on Oct 23, 2011 10:24pm
532 Views
Post# 19174687

Allana v Karnalyte

Allana v KarnalyteLet's just assume both become mines and aren't bought out.  Which has a higher cap potential? I'm guessing Allana, particularly since the market cap is currently a good deal smaller as well. Infrastructure is a concern for me with Allana, and you never know about the politics. However, without these issues, from what I know, I would say it would Allana everyday and twice on Sundays. Some of these Canadian mines are bound to be a bust, there are just too many of them, and they aren't close enough to the countries that need most of the potash.

For the Allana longs, what's your explanation of Allana's poor performance vs Karnalyte. Just political/infrastructure concerns? Also, with the recent shallow potash, how contiguous is the shallow potash they've been finding? Is the shallow potash mostly all in the same area, or is spread throughout the concession. If its concentrated in one area, that would seem to be a big plus.
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