PMDP Plateau Mineral Development, Inc.

[stockhopper]

Pmdp has more news out!! This stock should trade with high volume and price aprecation tmw. I looked at the charts and imo this stock should break through the 20 day m.a of .0007 and possibly the 50 day ma of .0009. Keep this one on ur radars all!

[Jav992]

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

[readysetstock]

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...http://stockcharts.com/h-sc/ui?s=PMD...d=p64658810558

[Jav992]

Plateau Mineral Development, Inc. Projects Significant Carbon Black Revenue
.Companies:Plateau Mineral Development, Inc..Press Release Source: Plateau Mineral Development Inc. On Monday January 25, 2010, 4:00 pm

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."

[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 had a position in this stock for a while and recently increased my position. This is some more good news for this company. The stock is trading today with a tight spread and volume above the 10 day.get in on this before it takes off.

[Jav992]

[Jav992]

Plateau Mineral Development, Inc. Shows Profitable Oil Production of the Converter Process
.Companies:Plateau Mineral Development, Inc..Press Release Source: Plateau Mineral Development Inc. On Thursday January 28, 2010, 4:43 pm

WINSTON-SALEM, N.C., Jan. 28, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) 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.”

[stockhopper]

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

[Jav992]

PMDP-Plateau Mineral Development, Inc. Announces Acquisition of MEI
.Companies:Plateau Mineral Development, Inc..Press Release Source: Plateau Mineral Development Inc. On Tuesday February 2, 2010, 4:06 pm EST

WINSTON-SALEM, N.C., Feb. 2, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) 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.