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Dan is actually a little more useful than Gerry =P
thanks gotcha MasterT
smells good
3x4 guys falling on 5k buys, get em now if you can!
4 left thin as hell! last chance IMO
lol on such small volume too!
bid building again x3 now
lets see how we ride into the close, this has been forever typical with PMDP 2:30 ish.
PS nothing negative meant by that comment
surprise surprise!
5mms at 6 now
lol nah...well...maybe? =P
not working bro, already tried calling random phone numbers saying that
MasterT where are you? Buy up those 7's!
bid building x4 now
thats roughly what i figured, sad to be honest
whats the cut ir hiurly wage on a project like this ya think?
its the same news over and over, please by all means impress me with something
lol looks familiar!
WINSTON-SALEM, N.C., Jan 28, 2010 (GlobeNewswire via COMTEX) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP) 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."
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, 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.
They certianly are a GREEN company love to RECYCLE
what ya think the phone bill at Orion is every month Ama? About 400k is my guess, wonder what % of that is for PMDP...
goto top? looks like its about that time
Now you can go home a winner today Buddy!
lol following me?
Fine Im gunna have to take you off of my list of sucessful people today then
awful lot of excitement here this morning!
i like L2 right now too bad theres 45min to open
fair enough =P
Morning all, clocks ticking!
You know as well as I that I been down that avenue mnay wothless times
less than you id bet =P, im not in far enough, im still a sheep
im just plain bored, when i get bored i get in trouble, idle hands are the devils playground. I just want in thats all
Just me, my random thoughts, and AMA trying to teach me something using Wall Street quotes!
Everytime the phone is hung up theres a winner man...
lol heya super who knows i bet the converter does that too!
Im just waiting for Blue Horseshoe to love Plateau Mineral bro
Its nothing for the pig to handle a few phonecalls if he finds that the sheep is attractive enough to lead other sheep to the wolf now is it?
mhmm and the other 99% of the country spends their 50k savings for a house, on a sure thing called PMDP the 1% are the pigs, 99% are sheep
So let's all step back an re-evaluate why we didn't sell when we wanted to. Of course just those who haven't sold already but wish they had!
more sheep are slaughtered in the US annualy than pigs, no wonder it's such a lucrative business
hmm buy a stock, make an alias, post LOTS of positive info!, sell stock, get assmod position, delete some posts, change name, goto top
It's just like an old qbasic program
multiply it times 4 or better all reporting to 1 guy = a realy nice living offa a bunch of $-eyed confused folk.
Go PMDP lol