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PMDP Plateau Minerail Development

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2:09 pm
November 25, 2009


mickymoose99

Member

posts 271

 
1

PMDP Details

Plateau Mineral Development, Inc. engages in the development and production of oil and gas properties. The company was formerly known as American Food Holdings, Inc. and changed its name to Plateau Mineral Development, Inc. in August 2008. Plateau Mineral Development, Inc. was incorporated in 1987 and is based in Winston Salem, North Carolina

6:19 am
December 8, 2009


mickymoose99

Member

posts 271

 
2

PMDP

Its on the dip – 10%

RSI LINE @ 46.89

SLOPE is on the rise

MAC D approaching the signal

could be worth watching

Also hearing rumors of news

Coming out this morning

I beleive we will see price appreciation

  Plateau Mineral Development Gets Positive Results From Environmental Testing

December 7, 2009 (FinancialWire) — Plateau Mineral Development, Inc. (OTC: PMDP), along with its partner, Plateau Mineral Development LLC, said its partner in environmental programs, Environmental Solutions, LLC (EnSol) has successfully completed its report based on the environmental laboratory testing done over the summer months at the EnSol lab.

The results show reductions in dissolved nitrogen and greatly improved results in dissolved oxygen in the water. The test results were obtained via natural processes that represent no environmental threat in and of themselves.

The test was facilitated by Aubrey C. Williams Jr., PhD. Dr. Williams currently serves as an Assistant Professor at Southern University in Baton Rouge, Louisiana and is a member of the Louisiana Academy of Science. He has given a series of presentations on various environmental topics, and has received a Department of Energy fellowship award for his master graduate research.

8:23 am
December 8, 2009


cleare39

Member

posts 6

 
3
Plateau Mineral Development, Inc. Announces Positive Results of Environmental Testing

Plateau Mineral Development, Inc. Announces Positive Results of Environmental Testing
Dec. 3, 2009 (GlobeNewswire) –

WINSTON-SALEM, N.C., Dec. 3, 2009 (GLOBE NEWSWIRE) — Plateau Mineral Development, Inc. (Pink Sheets:PMDP), along with its partner, Plateau Mineral Development LLC, announced today that its partner in environmental programs, Environmental Solutions, LLC (EnSol) has successfully completed its report based on the environmental laboratory testing done over the summer months at the EnSol lab. The results show reductions in dissolved nitrogen and greatly improved results in dissolved oxygen in the water. The test results were obtained via natural processes that represent no environmental threat in and of themselves.

The test was facilitated by Aubrey C. Williams Jr., PhD. Dr. Williams currently serves as an Assistant Professor at Southern University in Baton Rouge, Louisiana and is a member of the Louisiana Academy of Science. He has given a series of presentations on various environmental topics, and has received a Department of Energy fellowship award for his master graduate research.

Dr. Williams states, “We are pleased with the results of the environmental testing. We have demonstrated reductions in polluted water totaling more than 90%. The water needs to be cleaned up before it is re-introduced into the St. John's river, and then into the lakes and oceans. We are proud to take part in cleaning up one of the earth's greatest natural resources.”

9:16 am
December 9, 2009


mickymoose99

Member

posts 271

 
4

prnewswire

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: PMDPNews), 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.

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{”s” : “pmdp.pk”,”k” : “c10,l10,p20,t10″,”o” : “”,”j” : “”}

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.”

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.

Safe Harbor Statement: This news release contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as “estimate,” “expect,” “anticipate,” “projected,” “planned,” “forecasted” and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of Plateau's future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

6:01 am
December 11, 2009


mickymoose99

Member

posts 271

 
5

 Plateau Mineral Development, Inc. Introduces the Hydrocarbon Decomposition Process Used for 'Heavy Oil' Reclamation
WINSTON-SALEM, N.C., Dec 10, 2009 /PRNewswire-FirstCall via COMTEX/ — Plateau Mineral Development, Inc. (Pink Sheets: PMDP), 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.

11:01 am
December 11, 2009


mickymoose99

Member

posts 271

 
6

PMDP

Looks good right out of the box

+ 12.50% on the up tick

RSI LINE @ 47.77 heading upwards

MAC D approaching the signal

Showing Positive diversion

Keep your eye on it

Looks like one to watch

7:13 am
December 14, 2009


mickymoose99

Member

posts 271

 
7

 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

8:40 am
December 23, 2009


mickymoose99

Member

posts 271

 
8

 

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

9:30 am
December 30, 2009


mickymoose99

Member

posts 271

 
9

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

4:22 pm
January 5, 2010


mickymoose99

Member

posts 271

 
10

 Plateau Mineral Development, Inc. Issues an Update on the Converter Project
WINSTON-SALEM, N.C., Jan 5, 2010 (GlobeNewswire via COMTEX) — Plateau Mineral Development, Inc. (Pink Sheets:PMDP) 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.”

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, http://www.globenewswire.com

SOURCE: Plateau Mineral Development Inc.


By Staff

CONTACT:          CONTACT:  Orion Financial
                  800-400-1290

11:27 am
January 6, 2010


petercrisp

Member

posts 7

 
11

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:PMDPNews) 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.”

5:47 am
January 7, 2010


mickymoose99

Member

posts 271

 
12

 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, http://www.globenewswire.com

SOURCE: Plateau Mineral Development Inc.


By Staff

CONTACT:          CONTACT:  Orion Financial
                  800-400-1290
(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.

-0-

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

5:49 pm
January 13, 2010


Chuck.W

Member

posts 29

 
13
Plateau Mineral Development, Inc. Details Anticipated Revenue Resulting From Converter Productsglobenewswire

Press Release Source: Plateau Mineral Development Inc. On Wednesday January 13, 2010, 4:01 pm EST

WINSTON-SALEM, N.C., Jan. 13, 2010 (GLOBE NEWSWIRE) — Plateau Mineral Development, Inc. (Pink Sheets:PMDPNews) 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.”

11:33 am
January 25, 2010


johnbeckham

Member

posts 9

 
14

 Plateau Mineral Development, Inc. Proves Profit Enhancement of Oil Wells
WINSTON-SALEM, N.C., Jan 22, 2010 (GlobeNewswire via COMTEX) — Plateau Mineral Development, Inc. (Pink Sheets:PMDP) 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.”

I HAVE THIS STOCK IN MY PORTFOLIO AND BELIEVE IT IS VERY UNDERVALUED.I THINK THIS STOCK HAS JUST STRUCK OIL.KEEP YOUR EYE ON THIS STOCK.

8:57 pm
January 25, 2010


mickymoose99

Member

posts 271

 
15

 Plateau Mineral Development, Inc. Projects Significant Carbon Black Revenue
WINSTON-SALEM, N.C., Jan 25, 2010 (GlobeNewswire via COMTEX) — Plateau Mineral Development, Inc. (Pink Sheets: PMDP) 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.

4:38 am
February 3, 2010


johnbeckham

Member

posts 9

 
16

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

MORE GREAT NEWS FOR THIS COMPANY. THIS IS A GOOD ACQUISITION FOR THIS COMPANY.LOOK FOR THIS STOCK TO MAKE A MOVE.

12:29 pm
February 4, 2010


PENNYGURU

Member

posts 96

 
17

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 



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