The phoney news, from RB:
The Chinese news agency Xinhua announced today....
that the Chinese government has purchased 950 billion shares of the US corporation CMKX Diamonds.
Chinese president, Hu Jintao stated that the shares were purchased for cash and other valuble considerations, out of an estimated 2 trillion authorized shares, from CMKX Canadian CEO, Mr. Urban Casavant.
President Jintao went on to state that he "was very impressed with the integrity of Mr. Casavant" and that he felt that "this maybe the stock play of a life time".
The amount involved in the purchase was not announced, but is believed to be a life-sized statue of Chairman Mao and cash in excess of 95 million USD. Mr. Casvant left with cash-in-hand, but graciouly donated the statue to the People's Republic.
Talks had temporarilly stalled over human rights issues; however, President Jintao was eventually perswaded, by Mr. Casavant's promise to treat existing shareholders better and be more forthcoming in providing information on company share structure and mining progress.
Mr. Casavant, who has returned to his home in Argentina, could not be reached for comment.
CAUTION!!!!
The above is a somewhat loose NBC translation of what Xinhau actually said. A more literal translation is as follows:
Today, Chinese authorities deported a drunken Canadian, Mr. Urban Casavant, for trying to sell stock in a questionable diamond mining company. He was allowed to leave with the cash that he came with, but some small figurines, believed to contain drugs, were confiscated.
Police were forced to physically restrain Mr. Casavant amidst protests of "You can't do this to me, I'm a Canadian."
Northern Saskatchewan Fire:
AI
