Tiderock Companies -OTC: TDRK operates a UK composites manufacturing business through its subsidiary. In the most recent quarter, manufacturing revenue increased 46% year-over-year and they reported a high gross margin of about 85%. They also signed a five-year lease on a 24,000 square foot facility in the UK to support further production growth.
At the same time the company expanded into precious metals by acquiring a platform and securing gold claims in La Paz County, Arizona totaling around 40 acres.
Anyone following this name or have thoughts on the combination of manufacturing and gold exposure?