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MASTERTRADER

04/01/10 9:11 AM

#234969 RE: stalin00 #234965

PMDP target $.006, read balamida's DD...

($.006 )PMDP valuation per Yesterday PR


from yesterday PR :" Therefore, each well can produce an income stream of around $1,560 per month. The additional revenue total comes out to approximately $36,000 per month or $900,000 per year"

we are talking almost one million dollar of Income per year !!!


the EPS is 1 million $ Income / OS 3.38 B =0.0003 per share

and if we use a P/E ratio of 20 that should give PMDP a

price of $.006 per share !!!!

PMDP is very undervalued here !!!

a share price appreciation is expected anytime now

PMDP chart is still inplay after this week profit taking

from 0.0011