PMDP Plateau Mineral Development, Inc.

[GreenGiant]

PMDP-
high volume run yesterday, many purchases went through, sitting on .0006. imo next few trading days expecting a break @ .0007 thus forming possible upside potiential

[RAZOR11]

PMDP!! I have been trading this stock for some time now taking quick profits on this one. Now the company is taking the natural gas that the converter produces and going to use it to power therre unit and save the cost of runnig electric to the remote sites. This is going to bring more revenue to the company. Imo this is going to be a bounce back play. Keep this one on ur radar list and remember to take profits!!!

[RAZOR11]

WINSTON-SALEM, N.C., Jan. 13, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) issued a statement today detailing the estimated revenue numbers that are anticipated as a result of the end products of the company's converter unit.



Of all the waste products known, the most expensive is a truck tire. In the United States alone, 300 million tires are thrown away each year. These castoffs are a huge source of automotive-related pollution; the average used tire weighs 22.5 pounds and contains about two gallons of fuel, as well as other combustible carbon compounds. Dumped into huge stockpiles, tires can feed huge fires and contribute to the spread of disease by harboring vermin and serving as mosquito breeding grounds. The purpose of PMD's converter project is to produce an operational production unit that demonstrates the cost-effectiveness of the improved technology needed to reclaim trash items and organize associated environmental clean up at a profit.



The converter unit has been designed to process six tons of scrap tires per day. Based on that figure, the project will begin yielding profit during the first year, and is expected to generate approximately $2,252,838 in revenue annually thereafter.



"Since the units will be mobile, we can transport them in order to produce the products onsite to satisfy our customers and clean up the environment," states Robert Matthews of Plateau Mineral Development, Inc. "Natural gas and carbon black have the potential to generate $140,000 and $236,133 in the first year, respectively, but the majority of the revenue is expected to come from sales of the solvent which is projected to be around $2,300,000 in the first year."

[fordf250]

Plateau Mineral Development, Inc. Proves Profit Enhancement of Oil Wells

Buzz up! 0 Print..Companies:Plateau Mineral Development, Inc..Related Quotes
Symbol Price Change
PMDP.PK 0.0008 0.0000


{"s" : "pmdp.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} Press Release Source: Plateau Mineral Development Inc. On Friday January 22, 2010, 5:54 pm EST

WINSTON-SALEM, N.C., Jan. 22, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) issued a statement today discussing the positive profit effects of the Dilution Solvent on existing oil wells. Dilution Solvent (DS), the catalyzing end product of Plateau's tire converter system, will be used to treat existing oil wells to liberate oil that is too viscous (thick) to economically be pumped from the wells. One barrel (42.2 gallons) of DS at a cost of $25.00 per gallon will sell for approximately $1,000. The ratio for dilution of the Dilution Solvent is at about 50:1; or about one gallon (or a little less dependent on the viscosity of the "in ground oil") of solvent used for one barrel of oil pumped.



Subtracting other operating costs, not including royalty, estimated at $15.00/BBL would translate to a potential net profit of $35.00. To reiterate: A $75 selling price minus $25 for one gallon of DS minus $15 of pumping cost per BBL of oil yields a profit of $35. To an oil field operator this translates to a profit formula that for 50 barrels (BBL) of oil times a $75 price per BBL yields $3,750 in gross revenues for the pumping operator or $1,750 of net revenues. 50 Million BBL of "heavy oil" pumped using DS under this scenario can translate to $1.75 Billion dollars of "net" revenue.



Robert Matthews of Plateau Mineral Development, Inc., states, "Once the DS is used to "thin" the oil, the oil can be pumped and sold, generating new incremental revenues for the pumping company. The leading product is the dilution solvent, which can treat existing wells or be sold separately for profit; therefore, the solvent provides two sources of income for us. Use of the solvent in the oil field will facilitate the economic production of oil that was previously uneconomic to produce. It's more profitable for operators to use oil from our existing wells than to risk drilling new wells. In short, the wells have been drilled and are simply waiting for the solvent to liberate the oil so it can be pumped into tanks and sold at market."



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.

[stocksamongus]

New PR could set PMDP up nicely for the begining of next week. Chart information looks promising..closed @ 50 day MA .0008...looking bullish..MACD above the signal line and heading north, good indicator for profits IMO.
Also if you take a look at the chart it shows a trend of more buys than sells for approximately the entire month of January...

[stocksalot]

hey stocksamoungus.....loooks awesome thanks for the chart man that baby looks golden i cant wait for monday!!!! : )

[RAZOR11]

WINSTON-SALEM, N.C., Jan. 25, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) issued a statement today discussing carbon black as a revenue source from the converter process. The converter can accept items such as truck tires, dead wood, plastic, Styrofoam, etc. to create solvent, natural gas and carbon black.



Three-hundred million tires are discarded annually. The average tire weighs 22.5 pounds. In small quantities, the truck tire feed stock cost is about $300/ton "chipped" and each ton produces 1.3 bbl of solvent. The same ton also produces 900 lb of carbon black. Carbon black can be sold for about $2 to $3 per pound; therefore one ton of "chipped" tires will produce approximately $2,250 worth of carbon black.



Robert Matthews of Plateau Mineral Development, Inc., states, "The carbon black itself adds significantly to the revenue stream and is used in batteries, extruder plastics, paint pigment, rubber manufacturing and filtration mechanisms. If all of the annually discarded 300,000,000 tires were converted to carbon black, then the carbon black itself would produce, at current prices, sixty billion ($60,000,000,000) dollars

[stocksamongus]

PMDP opened strong and retraced the move closing on what should become support at the 50 day moving avg @.0008. was also a resistance point that has now been broken..volume starting to narrow the gap towards the 10 day average.

IMO the new PR for PMDP will continue the foward progression

[nixon48]

LOOKING AT THE CHARTS I HAVING A GOOD FEELING ABOUT IT SPIKING NORTH AND CLOSING IN THE GREEN...trading at great volume and look for a mid day run about 2 to 3x more than 10 average

[GreenGiant]

PMDP... Stock is sitting on the 50 day right now. RSI showing some strength. Looking for it to test 0.0010

[johnbeckham]

I HAVE BEEN INVOLVED WITH THIS STOCK FOR A WHILE, RECENTLY I HAVE INCREASED MY POSITION IN THIS. THIS STOCK HAS BEEN TRYING TO BREAK THROUGH THIS LEVEL FOR A WHILE I THINK ITS ABOUT TO POP.IF IT BREAKS THROUGH .001 IT SHOULD MAKE A NICE RUN.

[mickymoose99]

Plateau Mineral Development, Inc. Shows Profitable Oil Production of the Converter Process

WINSTON-SALEM, N.C., Jan 28, 2010 (GlobeNewswire via COMTEX) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP) issued a statement today discussing the positive profit effects of the Converter Process to produce high quality oil that brings a premium price. Up to Forty percent (46%) of the output of the Converter Process can be oil.
The synthetic oil produced will be purchased based on its heat value. The heat value is defined is MMBTUs (Million British Thermal Units) per barrel. The higher the MMBTUs, the higher the price a barrel fetches. At current prices (42.2 gallons per barrel), one barrel fetches $73 per barrel for light sweet Texas crude (NYMEX). One ton (2000 pounds) times .46 is 920 lbs. At approximately 7 lbs per gallon of oil, the ton of feed stock (of tires) will give us three barrels of oil or $219. This process takes just under an hour. The initial mobile converter will convert approximately 9 tons in an eight hour shift or $41,400 of oil per week if we run three shifts per day. Therefore the profit contribution of oil, if the converter is set to produce oil will be $166,000 per month.

Robert Matthews President of Plateau Mineral Development, Inc., states, "That is, there are very few extraneous nitrogen (N2) or Sulfur (S) Molecules attached in place of a hydrogen molecule. Those N2 and S molecules are the sources of nitrous oxides (smog) and nitric and sulfuric acids which, when mixed with water vapor in the atmosphere create acid rain. The oil and the gas produced by the converter process are synthetic. That is, the molecules are C4H4 (gas) or multiples of C6H6for oil. There are no sulfurs or nitrogen atoms attached to the carbon atoms to serve as sources of NO2s, NO3s or HS compounds and thus are pollutant free."

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

CONTACT: CONTACT: Orion Financial
800-400-1290

[RAZOR11]

PMDP. Trading like news is coming out. Keep this one on your radar list this week. The company has been putting out good prs lately. Imo there will be more prs this week on the company.I am curreently holding this stock. I am expecting this stock to bounce back. Remember to do your own dd and this is strictly my opinion

[mickymoose99]

Plateau Mineral Development, Inc. Announces Acquisition of MEI

WINSTON-SALEM, N.C., Feb 2, 2010 (GlobeNewswire via COMTEX) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP) announced today that the company plans to acquire Matthews Energy Investments, LLC (MEI).
MEI is a research and development management company that receives income from successful development projects. Three current sources of income for MEI are from oil and gas projects in Kentucky, Oklahoma and Michigan, all of which have a positive cash flow.

MEI also provides loans to companies for developmental purposes. However, in some cases, MEI carries out its own in-house research and development. Therefore, another source of MEI's income is from the reimbursement of loans and up front capitalization for in-house developments.

Robert Matthews of Plateau Mineral Development, Inc., states, "Plateau has chosen to acquire MEI because MEI has both the funds and the resources for research and development, while Plateau has the tools and technology to get the job done."

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

[RAZOR11]

PMDP. I have been trading this company for some time now. Look for a run at the end of the day. Stock is trading like news is coming out. In the last report they said they were planning to acquire MEI which is all positive cash flow. Imo this will be coming out soon. Good time to load up while its dipping again. Good luck to all

[mickymoose99]

.Plateau Mineral Development, Inc. Announces Signed Letter of Intent With MEI

Buzz up! 0 Print..Companies:Plateau Mineral Development, Inc..Related Quotes
Symbol Price Change
PMDP.PK 0.0006 +0.0001


{"s" : "pmdp.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} Press Release Source: Plateau Mineral Development Inc. On Friday February 19, 2010, 1:17 pm

WINSTON-SALEM, N.C., Feb. 19, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) announced today that the company has signed a letter of intent to acquire Matthews Energy Investments, LLC (MEI). A memorandum of understanding is in progress and should be completed within the next few weeks.



MEI is a research and development management company that receives income from successful development projects. Three current sources of income for MEI are from oil and gas projects in Kentucky, Oklahoma and Michigan; all of which have a positive cash flow.



MEI also provides loans to companies for developmental purposes. However, in some cases, MEI carries out its own in-house research and development. Therefore, another source of MEI's income is from the reimbursement of loans and up front capitalization for in-house developments.



Robert Matthews of Plateau Mineral Development, Inc., states, "Plateau has chosen to acquire MEI because MEI has both the funds and the resources for research and development, while Plateau has the tools and technology to get the job done. The signing of the letter of intent will allow Plateau to move forward and participate in some of the lucrative projects that MEI is involved in."



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

[RAZOR11]

Here is that awesome news were looking for. I am already holding we should have a good run now with price apprecation. Nothing but positive profits now!!

[stocksamongus]

Plateau Mineral Development, Inc. Details Planned Acquisition of Properties

.Companies:Plateau Mineral Development, Inc..Press Release Source: Plateau Mineral Development Inc. On Friday March 19, 2010, 12:00 pm

WINSTON-SALEM, N.C., March 19, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) issued a statement today providing details on the 28 wells that the company has obtained rights to via the impending acquisition of MEI. The merger of MEI's oil and gas interest into PMD is expected to be complete by the end of the month.



Last month, Plateau signed a letter of intent to acquire Matthews Energy Investments, LLC (MEI). MEI is a research and development management company that receives income from successful development projects. Three current sources of income for MEI are from oil and gas projects in Kentucky, Oklahoma and Michigan; all of which have a positive cash flow.



Each of the properties are located in areas where the basin is thriving and productive. Twenty three of the properties are gas wells in Kentucky, four are gas wells in Oklahoma and one is an oil and gas well in Michigan.



Robert Matthews of Plateau Mineral Development, Inc., states, "The 28 wells continue to produce an income stream which will flow into MEI/PMD Inc. We may have an opportunity to sell the Michigan property; if all goes well, we will recoup the investment a few times over."



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