Hey everyone, I was looking through some OTC updates and Tiderock Companies ($TDRK) caught my attention.
They recently announced the acquisition of Arcata Global LLC, which is described as an institutional commodities exchange and brokerage with trading relationships across precious metals, energy, and agriculture.
The deal also marks Tiderock’s entry into U.S. gold mining. They appear to be building a more integrated commodities model, combining Arcata’s trading/brokerage platform with ownership of domestic gold production assets.
For a small OTC name, that is a pretty big shift in direction.
With gold staying strong and commodities getting more attention, the timing is worth watching.
I’m still digging into the story, but $TDRK looks like one of those small-cap pivots that could become interesting.
Anyone else watching Tiderock or other OTC gold/commodities names?