PMDP Plateau Mineral Development, Inc.

[trading_guy]

Wow, thank you for that great news on PMDP (Plateau Mineral Development Inc.) I think that them getting the letter of intent from Hanson Consulting to join together in the prodution and lifting of " Heavy crude oil" is great. I think that this news will really make this stock move, because oil is one of the most important things right now, it helps heat homes, power cars to run ext...So keep PMDP on your radars for possible price increases, more news and big long term runs imo....Happy Trading!!!!

[nixon48]

approximately $28 million in revenue annually...roll forward to capitalize on the opportunities
mac d line running right below red signal line...it has spike north both times this week when i got in and looks like another good day today

[nixon48]

SKTO....up on the tick....health care a major part of american society and could be a profitable asset to your file
Grin:

[mickymoose99]

PMDP

Friday + 12.50% closed in the green on the up tick

RSI LINE @ 47.77 spiking up

MAC D showing positive diversion

Slope positive

closed 0.00090
The stock held and rallied from $0.0008. This was support for 11 trading days in Nov. With the MACD crossing to the upside and the RSI rising imo there could be a rally to $0.0011- 0.0014

[zztopstock]

PR on PMDP last week really mad them move, MO, I believe they will be breaking resistance this week... all eyes on deck!
________

[mickymoose99]

PMDP

Yesterday traded down to and rallied from the 200 day moving average, last time stock traded at that price (0.0006) it rallied nicely to 0.0015, wich is through the current 50 day moving average (0.0010) looking for stock to trade in this range until it makes it's next move


RSI LINE @41.29 starting to curve upwards

Mac D running even

I believe we will go will see some price appreciation today

[GreenGiant]

PMDP-

+10% on the up tick
.0007x.0008 spread is tight
PMDP... 0.0008 has been resistance watch for it to pop through

[RAZOR11]

WINSTON-SALEM, N.C., Dec. 10 /PRNewswire-FirstCall/ -- Plateau Mineral Development, Inc. (Pink Sheets: PMDP - News), along with its partner, EnSol, LLC, announced yesterday that the firm has been given a Letter of Intent (LOI) from Hansen Consulting to joint venture the production and lifting of "heavy crude" oil. The Hydrocarbon Decomposition (HD) Process created by Mr. William Strange, current President of PMD, creates a "solvent" that facilitates the "lifting" of heavy crude oil previously uneconomical. Application of the "solvent" reduces the friction, API gravity and viscosity of the oil causing the oil to flow freely in the wellbore. Tests have shown remarkable results. More than 30 million known barrels of oil in proven reserves are available and currently cost prohibitive.

The Hydrocarbon Decomposition (HD) Process creates gas, oil, carbon black and solvents. The feed stock is used tires. There are about 300 million tires thrown away every year. One used tire weighs on the average 22.5 pounds and contains two gallons of fuel as well as other chemicals. The HD process also has as a byproduct solvent which is used as cutting oil for drill bits, drag reducer for pipeline and as an Asphaltene cutter. Well operators have found that the solvent breaks down paraffin which impedes the flow of oil and gas. The ordinary well maintenance to clear paraffin and "clean" the bore costs roughly $3,000 to $10,000; HD solvent does the job for about $200 and saves down time.

An initial investment of about $300,000 to build a functional bench model will be used in production to create approximately $2,252,838 in revenue after six months. The mobile version can be transported in a full sized pickup truck. It will produce approximately 500 gallons in a 24 hour period. Initially several wells will be chosen with different depths, porosity, paraffin content, permeability, API gravity, and Asphaltenes content.

Plateau's President, Bill Strange states, "Pumping 3,000 barrels a day will produce approximately $28 million in revenue annually to the joint venture. We are ready to roll forward to capitalize on the opportunities before us."

About Plateau Mineral Development, Inc.: Plateau Mineral Development, Inc. specializes in the exploration and development of energy sources. Its partner, Plateau Mineral Development LLC, has been in existence for over five years with successful new wells and rework wells selling both gas and oil.

[GreenGiant]

PMDP...

closed at the high yesterday, 0.0008 has been resistance for 4 of the last 5 trading days and support prior to that, I'm looking for it to get above this and trade up to the 50 day which is 0.0010. An open at 0.0008 or higher would break a trendline that can be drawn from the opening price on 11/13 to yesterday. I'm expecting a rally today.

[mickymoose99]

PMDP

-12.50% Thursday

RSI LINE @ 42.40

strong support @ .0006

.001 50 MA indicates a very good opportunity

to grab a undervalued stock for a strong hold.

[nixon48]

Plateau Mineral Development, Inc. specializes in the
exploration and development of gas and oil fields. The company focuses its
activities in Morgan County, Tennessee. The company, in January 2009, along with
its partner, Plateau Mineral Development LLC, acquired Evans Lease, a site of
seven wells, four of which are high-pressured mac d line right below
red signal line shows some support gunna trade at high volume and rise north
stock to watch and get in....should trade with great volume this week which
brings in great revenue

[GreenGiant]

PMDP-
RSI-42.40
@ .0007
next resistance .0008

Bids are stacking .0006x.0007 , 5x1

[jr555]

Plateau Mineral Development, Inc. specializes in the exploration and development of energy sources. Its partner, Plateau Mineral Development LLC, has been in existence for over five years with successful new wells and rework wells selling both gas and oil.

[mickymoose99]

PMDP
Again opened at the 200 day which is 0.0006, and again rallied. Seems like a good place to buy,imo. Should test 0.0008, which has been recent resistance. A trade through there should lead the stock higher to its 50 day which is 0.0010

[mickymoose99]

PMDP
Again opened at the 200 day which is 0.0006, and again rallied. Seems like a good place to buy,imo. Should test 0.0008, which has been recent resistance. A trade through there should lead the stock higher to its 50 day which is 0.0010

[mickymoose99]

PMDP
Holding strong @ .0006
Last 12 moves where buys
Bids are building 7 x 1
IMO i believe we will see .007 before the close
Starting to see positive movement
keep an eye on it

[Chuck.W]

Plateau Mineral Development, Inc. Issues an Update on the Converter Project
.Companies:Plateau Mineral Development, Inc..Press Release Source: Plateau Mineral Development Inc. On Tuesday January 5, 2010, 4:06 pm

WINSTON-SALEM, N.C., Jan. 5, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) announced today that the firm, in conjunction with Environmental Solutions, has completed a design for a converter unit that will transform tires into carbon black, oil, gas and petroleum solvents.



The market for carbon black includes the manufacturing of new tires as well as for producing batteries, making it an even more important commodity than the company had originally thought. Carbon black sells for approximately $0.46 per pound.



A prototype unit was put to the test, showing that the converter yields more than 95% of usable product after it converts the materials put into it. The fully-operational converter is the size of a truck bed. However, the goal is to fabricate and test a portable unit that can be taken to remote sites for conversion and environmental cleanup jobs. Funds are currently being raised to create a better, more efficient second generation unit.



Robert Matthews of Plateau Mineral Development, Inc. states, "The discovery that carbon black can be used for batteries is a leap in the right direction for us. Since the converter lends itself to the production of carbon black, and since carbon black can be used for batteries and the remanufacture of tires, there's a great deal of potential with regard to the profitability of creating and using the converter."

[mickymoose99]

PMDP

Another late rally pushed PMDP in the green +16%

Closed @.0007 i believe this rally will continue today

With positive momentum to possibly push to .0008 x .0010

with an early run also hearing rumors of more news sometime today

[Chuck.W]

Plateau Mineral Development, Inc. Provides an Outline on Uses for Products of the Converter
.Companies:Plateau Mineral Development, Inc..Press Release Source: Plateau Mineral Development Inc. On Wednesday January 6, 2010, 11:14 am

WINSTON-SALEM, N.C., Jan. 6, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) announced today that the firm, in conjunction with Environmental Solutions, has issued a statement providing a pro-forma outline on the monetary benefits of solvent, which represents forty-six percent (46%) of the output. Other products of the converter will serve to greatly improve the profit margins of the tire converter.



Plateau's converter will generate solvent, carbon black and enough natural gas to operate in remote sites without additional power. The proposed unit is capable of processing approximately 6.25 lbs. of total product per minute.



At 6.25 lbs. per minute, 3,000 lbs. per 8-hour work day can be generated and transformed into approximately 7 gallons of solvent which sells for approximately $40/gallon, generating $7885.60 in revenue per day, which can lead to $157,712 per month. Additionally, solvent can be used to dissolve paraffin and to reduce the viscosity of heavy oils.



The market for carbon black includes the manufacturing of new tires as well as for producing batteries, making it an even more important commodity. Carbon black sells for approximately $0.46 per pound and is not included in the pro-forma above for the solvent.



Robert Matthews of Plateau Mineral Development, Inc. states, "We find that there's clearly a great profitability when it comes to the end products of the converter. Solvent, carbon black and natural gas are three items with high demand in the marketplace."



About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.

[mickymoose99]

Plateau Mineral Development, Inc. Explains Uses of Natural Gas Produced by Converter

WINSTON-SALEM, N.C., Jan 6, 2010 (GlobeNewswire via COMTEX) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP) has issued a statement concerning the natural gas that can be generated by the company's converter. Plateau's converter will generate solvent, carbon black and natural gas. Six to eight percent of the total product load discharged by the converter is natural gas.
The company's main goal is to use the natural gas to run a generator that will provide power to the pumps and compressors in the field, allowing for a stand-alone unit that needs no electrical power from the local grid to operate. This is a cost saving option when electric power may not be available in a remote site.

Alternatively, the gas could be commercially compressed into a pipeline and sold in the marketplace. Gas is currently selling for around $5.65 per MCF (NYMEX). However, at this time, Plateau has decided that it will continue to utilize the gas as a tool to lower operating costs by running the converter equipment in the field without the need for electrical power. This will allow the company to fully focus on marketing the converter's other two end products, solvent and carbon black, which are most lucrative.

"Running electrical power out to remote job sites can be a costly undertaking," states Robert Matthews of Plateau Mineral Development, Inc. "We have the unique ability to utilize a resource outputted by the process that allows us to save a considerable amount of infrastructure funds that would have otherwise been spent on operating expenses. This is yet another step towards increased revenue for the company."

About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.

Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.

This news release was distributed by GlobeNewswire,

SOURCE: Plateau Mineral Development Inc.


By Staff

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INDUSTRY KEYWORD: Oil Exploration & Production
SUBJECT CODE: ENERGY
GAS
Product Services Announcement