DEERFIELD BEACH, FL - December 28, 2011 (InvestorIdeas.com Newswire) Magnesium Investor Alert - China Direct Industries, Inc. ( NASDAQ:CDII), a U.S. based company that produces, sources, and distributes industrial commodities in China and the Americas and provides cross border corporate advisory services announced today that its magnesium segment operations received five new purchase contracts from existing customers, including major Fortune 500 companies, valued at approximately $11.0 million in December of 2011 for delivery over the next six months.

 Commenting on the contracts, Dr. James Wang , Chairman and CEO of China Direct Industries, Inc., stated "We are pleased to see an increase in orders and quoting activity as we head into calendar 2012. We believe that our magnesium segment will strengthen further throughout the coming year as economic conditions which weakened short term demand begin to abate."

POINT ROBERTS WA, December 28, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on the top four percentage gainers on the NASDAQ for Tuesday December 27, 2011. NASDAQ closed at 2,625.20, up 6.56 or 0.25%.

 Parlux Fragrances, Inc. (NasdaqGS: PARL) closed up at $5.94, up 2.47 (71.18%) on over 1.6 Million shares following Friday's merger news. On the close December 23, Perfumania Holdings, Inc. (Nasdaq:PERF) and Parlux Fragrances, Inc. (Nasdaq:PARL ) announced that they have signed a definitive merger agreement under which Perfumania would acquire all of the outstanding shares of Parlux in a transaction valued at approximately $170 million, based on Perfumania's closing stock price of $19.55 per share on December 22, 2011.

 DEERFIELD BEACH, FL - December 23, 2011 (InvestorIdeas.com Newswire) - China Direct Industries, Inc. (the "Company") ( NASDAQ:CDII), a U.S. based company that sources, produces and distributes industrial products in China and the Americas in two core business segments, announced today its financial results for the fiscal year ended September 30, 2011.

     Fiscal 2011 revenue reaches $187.8 million up 66.6% from fiscal 2010

    Fiscal 2011 net income attributable to China Direct Industries rises to $9.3 million up from a loss of ($3.2 million) in fiscal 2010

    Fiscal 2011 Diluted EPS climbs to $0.25 compared to a loss of ($0.11) in fiscal 2010

1. Terraco Gold: Good Times At Terraco

We learned this AM that Terraco Gold (developing the Almaden gold property in Idaho and the Moonlight gold / silver property in Nevada) has just completed a non-dilutive $5 million financing. How can this be, you ask? How does one pull off a non-dilutive financing in this market environment?

Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]