PMDP-

+10% on the up tick
.0007x.0008 spread is tight
PMDP... 0.0008 has been resistance watch for it to pop through

$PMDP- fightin the 20 @ .0008, imo has room to fly to an HOD @ .0009

PMDP-
high volume run yesterday, many purchases went through, sitting on .0006. imo next few trading days expecting a break @ .0007 thus forming possible upside potiential

PMDP!! I have been trading this stock for some time now taking quick profits on this one. Now the company is taking the natural gas that the converter produces and going to use it to power therre unit and save the cost of runnig electric to the remote sites. This is going to bring more revenue to the company. Imo this is going to be a bounce back play. Keep this one on ur radar list and remember to take profits!!!

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!