Plateau Mineral Development, Inc. (PMDP)

[stervc]

From researching PMDP’s potential...

I'm really starting to feel the potential here with PMDP more and more. To be able to use their converter system to take old tires and recycle them to where those tires are transformed into oil, gas, and other beneficial products such as fertilizer and carbon black could be huge. Let’s look at some statistics…

http://www.deq.state.va.us/wastetires/
…almost 500 additional new piles (“new finds”) containing approximately 8 million tires have been located and documented. …

According to the EPA, 290 million scrap tires are generated annually:
http://www.epa.gov/wastes/conserve/materials/tires/faq.htm

http://www.epa.gov/region8/recycling/RCCScrapTireWorkgroup.pdf
(On slide 42) …In 2007, more than 303 million scrap tires were generated in the U.S. Nearly 107 million of these tires were recycled into new products and 164 million were reused as tire-derived fuel (TDF) in various industrial facilities. …

From an older article..
http://www.solidwastedistrict.com/stats/tires.html
There are at least 300 million scrap tires in stockpiles in the U.S. …

http://cscanada.net/index.php/ans/article/viewFile/1197/1271
…According to related estimation, automobile possession of China will reach as many as 70 million in 2010 and the tire production will exceed 300 million, which will generate more than 200 million waste tires weighed 5.2 million tons. China will become the biggest tire producing and waste tire generating country in the world. …

Just from researching above, I think it’s easy to see that there is a chance that maybe PMDP could get to where they are recycling well over 100 million tires per year. From the link below, there is a .80 fee charged per tire for buying a tire which leads me to think that there must be an at least standard of .80 chare per tire to have recycled:
http://www.mde.maryland.gov/Programs/LandPrograms/Recycling/Education/tire.asp

I think you can see that there is going to be far more than just 100,000,000 tires in need of being recycled throughout the world. However, just by taking the 100,000,000 tires under consideration, that alone is .80 x 100,000,000 = $80,000,000 per year in Revenues.

This number could easily be greater. This website below has a fee of $1.75 per tire to have recycled:
http://www.boe.ca.gov/pdf/pub91.pdf

v/r
Sterling