Gold Stocks Were Affected By Mali Coup
There was an apparent coup today in Mali. The coup affected the prices of at least four gold stocks.
http://business.financialpost.com/2012/03/22/mali-coup-could-put-gold-miners-at-risk/
The army members in Mali had been asking for more modern weapons. The army has been battling al Qeada insurgents in the northern part of the country. It is difficult to determine what may happen. Western Africa has seen billion in investment flow in for gold and oil exploration and extraction. We keep a close watch on events in Mali. Generally, coup leaders usually want a piece of the pie or their cut.
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