First Tidal Acquisition Corp T.AAA

Primary Symbol: V.AAA.P

Industrials Conglomerates

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

First Tidal Acquisition Corp > looking back

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Comment by Fertimanon Feb 24, 2014 3:25pm

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Post# 22244303

RE:looking back

Woundedknee,

I agree the timing of the breakup was unfortunate... It makes you think if the cartel breakup at the time was planned for the BHP decision to go ahead with the Saskatchewan mine? Also the low $300 potash price was detremental for some of the potash juniors looking to make a break and sign deals. As you mentioned Allana was one of them who had good momentum at the time.

As a result many potash juniors have done very little to date and have seen cash reserves dwindle.

ICL was able to get a bargan price on Allana as well....

We will never know the details, but the timing was very unfortunate as you stated.

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