Demarco just graduated from Texas University and had been snatched up by Xeon Natural Resources
Incorporated, one of the top natural resource extraction companies in the world. Because he was
Brazilian, bilingual, and spoke several specific Brazilian dialects, his stationing in Brazil was a nobrainer. Xeon was deeply involved with a project within the Brazilian rain forests in mining an
extremely valuable element called niobium. Niobium is a rare earth element essential for microalloying steel as well as other products such as jet engines, rocket subassemblies, superconducting
magnets, and super alloys. Brazil accounts for 92 percent of all niobium mined, and Xeon Natural
mines much of the element in Brazil. Xeon discovered a large niobium deposit and estimates the
corporation could make an additional $5 billion in profits over the next two decades.
You have just won $2 million in lottery! Congrats! Realizing how fortunate you are, you have spent some of this money on a new car, a new condominium and a trip around the world. You have now returned back from your trip and would like to take the remaining $500,000 in the shares of one publicly traded Canadian company. You seek advice on which company to invest from one of your friends, who is a computer programmer.
June 15, 2020
8:58 pm
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