Posted by & filed under Company Analysis, Governments & Regulators, Growth & Valuation, Industry Analysis.

Description:   In 2007, Brazilian geologists made the biggest oil find in the Americas in three decades. Buried more than five miles below sea-level, the discovery was estimated to raise the country’s crude reserves by 62 percent.


Date: 03/13/2012


Questions for discussion:

  • Summarize the issues raised in the article about resource based industries?
  • How can investors inside and outside Brazil be expected to respond?
  • How will the currency likely be affected as resources rise or fall in value?
  • What are the implications for investors?

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