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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 AdamJTon Apr 19, 2012 2:23pm
221 Views
Post# 19813355

RE: RE: RE: Regulators in Canada?

RE: RE: RE: Regulators in Canada?

This isn't large volume and indicates nothing. It's large relative to recent action but, those of us who've been around these parts remember the days and weeks where multiples of the current volumes were the norm. Large shareholders also are indicative of anything as many institutional investors jumped on in late in the game and will bail because they are impatient. Instititional/large investors doesn't mean smart money just lot's of money and they can eat their mistakes easier than the smaller investor can.

The studies aren't anywhere near completion. Even the water study is only one slice of the picture and if they wanted to they could have conducted a study about building a pipeline alongside it but, why waste money frivolously at this point.

If your so fearful than dump your shares and leave never to return again. At least if you had some sort of intelligent argument beyond regulators and large shareholders you may be believable.

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