UPDATE UPDATE UPDATE..

COMPANY WEB SITE.........

http://www.vaneminerals.com/

THE PRICE OF URANIUM IS GOING BALISTIC...

The uranium spot price hasn't seen a down month since 2001. For years now, uranium producers have met just 60% of total annual demand - the other 40% coming from government stockpiles and decommissioned nuclear warheads. This can go on for only so long.

The tightness of supply comes at a time of atomic resurgence. Three large-scale factors have turned the tide in favour of nuclear energy:
geopolitics, global warming and developing world growth.

Analysts are debating over wether the SP of Uranium increase will be three fold within 2007?.

Looks like to me, the best play on the UK market for Uranium and it hasnt gotten away yet like the other two ZBA Zareba and URA Uranium which have multi bagged. Its also in a position to fund its development with a new gold mine producing. Ive added twice this morning and think this one could be very big. Heres the announcement...........

Vane Minerals PLC
07 March 2005


VANE Minerals plc (AIM: VML)

VANE Announces Diversification Into Uranium Exploration And Development

Vane Minerals ('VANE' or 'the Company') announces that it is diversifying its
current project portfolio by entering into the uranium exploration and
development business.

To date 7 uranium targets have been successfully claimed by the Company and 28
further properties have been identified and are under development. VANE expects
to finalise its property position by the end of the first quarter 2005. The
Company is targeting uranium projects that are either at, or near, resource
stage or targets that exhibit similar surface features to mines with past
production, but that have not yet been evaluated for the presence of uranium.

The 35 properties identified are located within a uranium district with
significant past production as well as significant resources. Due to the
current uranium market conditions, we prefer to not identify the location until
we complete our property position. Previous drilling data available for some of
the 7 properties successfully claimed indicate grade intersects from 0.34 up to
1.78% U3O8.

VANE has incorporated a 100% owned subsidiary to hold its uranium properties and
has also successfully recruited a uranium geologist, Kristopher K. Hefton B.Sc.,
who has considerable experience in this field and is a great addition to the
VANE team. Mr. Hefton has worked with VANE's exploration team in the past during
his time at Freeport McMoran, and he has also worked for Barrick Gold
Corporation, Homestake Mining Company and Energy Fuels Nuclear Inc.

Michael Spriggs, Chairman of VANE, commented, 'We are delighted to announce the
addition of these uranium assets to the VANE portfolio and will update the
market with more substantial details once further properties have been claimed.
The uranium market has been strong for some time now, reflecting a long-term
forecast supply shortage and the growing recognition that nuclear energy offers
a cleaner and more energy efficient fuel source. Through our extensive network,
we have identified some quality projects and look forward to releasing further
details when appropriate.'

Enquiries:

VANE Minerals plc Seymour Pierce Limited Parkgreen Communications
Matthew Idiens Sarah Wharry Justine Howarth / Cathy Malins
020 7667 6322 020 7107 8000 020 7493 3713

cheers GF.

Uranium prices are surveyed and quoted on a weekly basis by various industry watchers. The recent move from $56 to $60 a pound was "the largest weekly increase on record," according to Eric Webb of Ux Consulting. Long- term forecasts of $75 and even $100 a pound now appear justified; uranium would have to trade above $111 a pound to break its inflation-adjusted highs from 1978.

This is more than just subterranean cave-in blues: The uranium spot price hasn't seen a down month since 2001. For years now, uranium producers have met just 60% of total annual demand - the other 40% coming from government stockpiles and decommissioned nuclear warheads. This can go on for only so long.

The tightness of supply comes at a time of atomic resurgence. Three large-scale factors have turned the tide in favour of nuclear energy:
geopolitics, global warming and developing world growth.

hlyeo98
Cheers, this is a new area for me; Uranium sits nicely along side my Oil and Bio stocks. So we could see the price of uranium possibly double this year if not next VMLs sp should see a lot of upside with that and more discoveries.

Goldfinger
Can you put this in the header please.

http://www.vaneminerals.com/

You are welcome, driver. Have you climb aboard UMN yet?

hlyeo98
No but it's on my watch list.

Driver actioned at the very top of the thread.

Regards GF.

"Our hope is that, if the results of this year's drilling programme are positive, they will be reflected in a re-rating of our shares."

I share their hopes....



RNS Number:9110Q Vane Minerals PLC 08 February 2007

8th February 2007


VANE Minerals Plc (AIM: VML)
Private Placing

Vane Minerals Plc ("VANE" or "the Company") is pleased to announce that, following an approach for additional shares by Geiger Counter Ltd, a specialist uranium investment vehicle, it has raised #145,500 net of expenses by way of a private placing ("the Placing") of one million new ordinary shares of #0.10p each at a price of 15p, placed with Geiger Counter Ltd. The new ordinary shares will represent 0.07% of the enlarged issued share capital of the Company. Application will be made for the New Ordinary Shares to be admitted to AIM and dealings in the new ordinary shares are expected to commence on 13th February 2007.

The funds raised will be used to further accelerate the exploration and development programme for the Company's portfolio of uranium properties in the US. As previously reported, drilling is currently underway at the Miller breccia pipe target in Northern Arizona. Further drilling is planned for the Big Red, Red Dike and Rabbit pipe targets which are currently permitted. Additional permits are pending on further breccia pipe targets.

Matthew Idiens, Director of Corporate Development, commented, "We are delighted that Geiger Counter, the world's first specialist uranium investment vehicle, has continued to show its support for VANE and the Company is pleased to be able to assist Geiger Counter in increasing its exposure by way of this small
placing. The commencement of drilling at our uranium targets is a major

milestone in the development of the Company. Our hope is that, if the results of this year's drilling programme are positive, they will be reflected in a re-rating of our shares."

Just bought more VML this morning...looks very promising.

Market warming to the decision to raise more cash.

Yes I agree I do like this bit.

Our hope is that, if the results of this year's drilling programme are positive, they will be reflected in a re-rating of our shares.'

Have you got on UMN yet, driver? Don't be too late.

This one looks positive , out of oil and into the in thing ,uranium

hlyeo98
Yes I got in last week at 15p

1 mil T trade gone through ? buyer waiting ?

looks very good .... performing well in today's weak(ish) market

Certainly doing the business today.

the impressive thing (to me) is the impetus behind the surge through the previous all-time high ...... my word of caution, as so often, is that this is a very low cap stock so any half-way serious buying or selling will have a disproportionate effect on sp ...... also .... generally speaking, industrial commodities and associated stocks are not currently "the place to be"

I think VML is the one to be in now...it has not been noticed before in spite of its great potential...and being cash-rich and has good uranium and vanadium and gold resources.

i may investigate further as took a lot of splosh off the table this morning in the proven likelihood that, for a number reasons, DOW was likely to fall and FTSE may retreat further in its reflection

Lots of T trades near the end of the day , mm need more stock big buyers waiting to get on board . What will friday bring , 21p ?

i lied! .... all time high is about 23.5 ...... however, other than greed, i think you may be pushing your luck to expect current sp to go beyond +/-18 = today's close (look at 5 year chart; mid 2005) ...... indeed, if DOW really does tumble over the next couple of sessions, be prepared for some profit-taking here as FTSE also falls out.