Is Royal Gold preparing for another huge purchase and Devon Energy's "ugly" Q1 earnings
Published 19 days ago • 7 min read
Mining Stock Monkey VIP Investment Memo #129 May 6, 2026 Markets often miss the forest for the trees. This week, Devon Energy’s $700M "paper loss" is creating exactly the kind of noise we look for, masking a rock-solid $816M in free cash flow and a massive capital return program. Meanwhile, Royal Gold has entered a new league, pairing record-breaking production with a $1.7B war chest that might signal another major purchase coming soon. Today’s memo separates the accounting noise from the...
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