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10:36 am
December 8, 2009
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Chuck.W
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PMDP Plateau Mineral Development, Inc.
Company has announced the appointment of new President William Strange. President Bill brings 30 years of experience in the field. Company is moving forward. Injection of fresh new leadership into the ranks will help with the growth of the company. These moves will hopefully stimulate new revenues bringing with it price appreciation to the stock. Great time to get in as this stock will fly. IMO. Good luck to all!!!!!!!!!
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11:16 am
December 8, 2009
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PENNYGURU
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STOCK HAS NEWS TODAY TOO
WINSTON-SALEM, N.C., Dec. 8, 2009 (GLOBE NEWSWIRE) — Plateau Mineral Development, Inc. (Pink Sheets:PMDP – News), along with its partner, Plateau Mineral Development LLC, announced today that the company has appointed William Strange as President, effective immediately.
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{”s” : “pmdp.pk”,”k” : “c10,l10,p20,t10″,”o” : “”,”j” : “”}
William “Bill” Strange has thirty years of experience in the refineries, petro-chemical, and oil field. He is well-versed in bio-remediation, pipefitting and fabrication, process troubleshooting and construction management. Mr. Strange was employed for more than ten years by Raines Contractors in Galena Park, Texas, where he served as construction manager and marketing director, whilst heading the bio-remediation department. He supervised daily operations, implemented safety programs, initiated business development projects, and took part in contract negotiations. Principally, he acted as chief negotiator between the company and Chevron. Presently, Mr. Strange acts as a consultant for Jarrell Welding and Fabrication where he assists with new business opportunities, participates in construction contract negotiations, and troubleshoots jobs.
William Strange, President elect for Plateau, states, “I am honored to have been chosen for this position and am eager to get started. I believe that a great deal of potential lies within Plateau, and I'm looking forward to taking part in the growth of the company.”
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.
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9:43 am
December 9, 2009
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cleare39
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Plateau Mineral Development, Inc. Announces LOI with Hansen Consulting to Facilitate the Production of up to 30 Million Barrels of Previously Unproductive and Uneconomical 'Heavy Crude' Oil
- Press Release
- Source: Plateau Mineral Development, Inc.
- On 9:06 am EST, Wednesday December 9, 2009
WINSTON-SALEM, N.C., Dec. 9 /PRNewswire-FirstCall/ — Plateau Mineral Development, Inc. (Other OTC: PMDP – News), along with its partner, EnSol, LLC, announced today 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 Process created by Mr. William Strange, current President of PMD, creates a “solvent” that facilitates the “lifting” of heavy crude oil. Application of the “solvent” reduces the friction, API gravity and viscosity of the oil causing the oil to flow freely in the wellbore. Tests run on a Woodbine well in East Texas have showed remarkable results.
Hansen Consulting has acquired several proprietary mechanical, chemical and other processes representing new technologies and is currently testing some of the reservoirs. More than 30 million barrels of oil in proven reserves in the Trinity Sands and Paluxy formations in Texas are available and currently cost prohibitive. These reserves will become profitable with the solvent produced by the Hydrocarbon Decomposition Process. Hansen estimates that the 30 Million barrels in the formations that are available and sellable at current prices can produce $2.200 billion in general revenue with $840 million in gross revenue remaining for the joint venture. According to Mr. Hansen, “We have been successful in locating studies conducted by Universities in Texas, Oklahoma, Missouri, Kansas and Colorado in the past few years of logs and salient data. These studies show that many fields have 70% or more of the original oil in place, but due to specific API gravity or other 'lifting' conditions, are uneconomical to recover at the present time.”
Plateau's President, Bill Strange states, “The solvent has been shown to be cost effective to reduce the cost of lifting 'heavy oil' by an amount of at least $20 plus per barrel. We are ready to roll forward to capitalize on the opportunities before us.”
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2:10 pm
January 4, 2010
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mickymoose99
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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
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11:43 am
January 6, 2010
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Chuck.W
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Plateau Mineral Development, Inc. Provides an Outline on Uses for Products of the Converter
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.
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5:42 pm
January 13, 2010
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PENNYGURU
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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!
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6:30 pm
February 2, 2010
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Chuck.W
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Plateau Mineral Development, Inc. Announces Acquisition of MEI
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.”
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10:15 pm
February 2, 2010
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johnbeckham
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THIS IS A REALLY GOOD ACQUISITION FOR THIS COMPANY.I HAVE A POSITION IN THIS STOCK FOR A WHILE. I THINK THIS STOCK SHOULD MAKE A MOVE TOMORROW.
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