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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 cacheitinon Feb 18, 2013 10:59am
218 Views
Post# 21005443

RE: RE: Lots of middle eastern money....

RE: RE: Lots of middle eastern money....

The point is that the saudi's have an abundance of oil money(currently) and an every dwindling reserve of oil.

they are investing in everything and anything. They can come up with $7 billion for a phosphate mine, so a few hundred million to invest in their neighbour(Ethiopia) that will give them an even bigger stake in potash(they own a piece of Arab potash).

they realize their oil money won't last for ever, and they need to have businesses that generate money that they can pump into their social programs to stop any uprisings. This is more proof of their affinity with fertilizer investment.

aaa will be a cash cow, and my money says they will want some of that milk.

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