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.

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First Tidal Acquisition Corp > Spin or Realistic?

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Comment by twpton Jul 30, 2013 1:43pm

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Post# 21639310

RE:Spin or Realistic?

If the price drops on a commodity and you are a low cost producer it means you make less money and have to make up that difference in volume. So if you keep selling into a lowering bid for the commodity it keeps dropping till you get to a level where even low cost producers break even. So 300 per tonne is high end, I would suggest that it drops to close to 200 per tonne as when commodities get sold down they generally overshoot. Ed Marlow is a CEO of a potash company, did you expect him to say we are screwed. You would get a more honest answer from a commodities trader who can bet on prices either way and they are suggesting much lower prices.

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