FCX Freeport McMoRan Inc

Stock Market Alerts' performance stock list includes: China Direct Industries, Inc. (NASDAQ: CDII), Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Kinross Gold Corporation (NYSE: KGC) and Potash Corporation of Saskatchewan Inc. (NYSE: POT).

To receive FREE Mobile Stock Alerts formatted especially for your cell phone, text the word "press" in the subject line to 68494.

Yesterday after the markets closed, China Direct Industries, Inc. (NASDAQ: CDII) issued a press release announcing its financial results for the third quarter of our fiscal 2010 for the three months ended June 30, 2010.

The press release states that for the third quarter of fiscal 2010 total revenues increased to $31.9 million, a 64% increase as compared to total revenues of $19.5 million for the three month period ended June 30, 2009. Our third quarter gross profit reached $2.0 million as compared to a loss of ($308,000) for the three month period ended June 30, 2009. Our operations resulted in a net loss for the third quarter of fiscal 2010 of ($1.1 million) inclusive of $420,000 in non-cash compensation. This represents a substantial improvement from the third quarter of fiscal 2009 where we recorded a net loss of ($2.9 million). Our loss per basic and diluted share narrowed to ($0.04) from the ($0.12) recorded in the three month period ended June 30, 2009. Operating revenue, gross margins, and gross profit increased across all business segments reflecting a continued improvement in each of the segments. For the first nine months of fiscal 2010, revenue totaled $77.6 million with a net loss of ($412,000) inclusive of $1.1 million in non-cash compensation compared to revenues of $79 million with a net loss of ($8.8) million for the first nine months of fiscal 2009.

Investors are urged to read yesterday's press release for complete details.

Commenting on the third quarter, Dr. James Wang, Chairman and CEO of China Direct Industries, Inc., stated, "Our results for the third quarter reflect a significant improvement in overall operating revenue across all of our business segments as compared to the same period in fiscal 2009. Additionally we are encouraged by the sequential improvement in our magnesium segment where both revenue and gross margins have improved significantly as we prepare to reinitiate operations at several facilities in response to signs of increasing demand. We believe our consulting operations are poised to add a substantial contribution to our bottom line performance in the near term as we recently added two new clients and we anticipate the efforts we have made in our international commodity trading business will also begin to demonstrate positive results. As we head into the fourth quarter of fiscal 2010 and into fiscal 2011, we maintain a strong balance sheet with significant cash and negligible debt in an improving environment across all our business segments."

The stock closed yesterday $1.04 a share.

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) up 0.5% on 9.4 million shares traded. FCX is a leading international mining company with headquarters in Phoenix, Arizona.

Kinross Gold Corporation (NYSE: KGC) up 1.3% on 7.6 million shares traded.

Kinross is a Canadian-based gold mining company with mines and projects in Canada, the United States, Brazil, Chile, Ecuador, Russia and employs approximately 5,500 people worldwide.

Potash Corporation of Saskatchewan Inc. (NYSE: POT) up 3.5% on 7.3 million shares traded. Potash Corporation of Saskatchewan Inc. is the world's largest fertilizer enterprise by capacity producing the three primary plant nutrients and a leading supplier to three distinct market categories: agriculture, with the largest capacity in the world in potash, third largest in each of nitrogen and phosphate; animal nutrition, with the world's largest capacity in phosphate feed ingredients; and industrial chemicals, as the largest global producer of industrial nitrogen products and the world's largest capacity for production of purified industrial phosphoric acid.

Stock Market Alerts LLC. (SMA), also doing business as Wall Street eNews, maintains a contractual, working relationship with Wall Street Capital Funding LLC. and its Wall Street News Alert brand. SMA is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. SMA profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release may or may not have approved the statements made in this release and may or may not have approved the timing of this release. All statements and expressions are the sole opinion of SMA and are subject to change without notice. Information in this release is derived from a variety of sources that may or may not include the referenced company's publicly disseminated information, information supplied by third parties or SMA's own research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. SMA disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. SMA is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in SMA profiled stocks.

This profile is not without bias, and is a paid release. To comply with Section 17(b) of the Securities Act of 1933, SMA is disclosing that the company has been compensated for dissemination of this information on behalf of one or more of the companies mentioned in this release. For current services performed for China Direct Industries, Inc. (NASDAQ: CDII), Sunwin International Neutraceuticals, Inc., China Armco Metals, Inc., China America Holdings, Dragon Capital Group Corp. and China Logistics Group, Inc., SMA has been compensated a total of Three Hundred and Seventy Thousand Dollars (Seventy Thousand dollars for current services and Three Hundred Thousand dollars for previous services) by China Direct Investments Inc., a Florida corporation, and a wholly owned subsidiary of China Direct. In addition, SMA has also been compensated One Million restricted shares of China Logistics Group, Inc. and Two Million restricted shares of China America Holdings. SMA may receive compensation for future services. Any additional compensation will be disclosed at such time that SMA is aware of a client's desire to extend the original services. SMA may have received shares of a company profiled in this release prior to the dissemination of the information in this release. In the event of any receipt of such shares, full disclosure would be shown above. SMA may immediately sell some or any shares in a profiled company held by SMA and may have previously sold shares in a profiled company held by SMA. SMA's services for a company may cause the company's stock price to increase, in which event SMA would make a profit when it sells its stock in a company. In addition, SMA's selling of a company's stock may have a negative effect on the market price of the stock.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SMA undertakes no obligation to update such statements.

NYSE:FCX NASDAQ:CDII NYSE:KGC NYSE:POT