Why did TFPM just pay $84M for a stream it already owns?
Published 15 days ago • 7 min read
Mining Stock Monkey VIP Investment Memo #115 February 11, 2026 In investment memo #115: An update from Equinox Gold could materially impact production from one of their mines but the market ignored the news. Triple Flag spends $84 million on a stream that they already own. The stream model is supposed to be "Pay once, benefit forever" so is this additional payment a big red flag? Let's dive in. All figures are in USD unless specified otherwise. Equinox Gold In November 2025, Equinox reached...
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