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."

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!

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...PMDP - SharpCharts Workbench : StockCharts.com

Latest PR previously mentioned...

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."



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

PMDP Chart

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PMDP had 4.3M in prebuys this morning, its trading between .0009 & .001 Could break through the .001 on a rally run if it continues to trend up!

With this stock tucked in my portfolio i recently increased my position in this stock. I believe this stock is very undervalued and with the latest news it like they struck oil.keep an eye on this one.

News yesterday after the close. PMDP had record setting volume yesterday..be sure to watch the play closely today for your entry point...GL traders

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 EST

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."




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

Plateau Mineral, PMDP, @ .0008, Watch! +25% on HUGE Vol yesterday, didnt trade for long between .0009 & .001 upon the open, it caught most of its action between .0007 & .0008

Hope u all got in yesterday before the news. Stock should trade with huge volume and price aprecation today. Good luck to u all!!

PMDP Stock 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