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.

mp
Keep hold of all of them NU. will continue to go up IMO.

In the minesite link G.Counter mentions that only 2 small AIM stocks are in their portfolio, URA and VML, I hold them both.

Dow Jones 12,207.59..... 157.18... 1.30% the FT100 will be up tomorrw

don't get overexcited! ... firstly, it is not a foregone conclusion that F/E will continue upwards and secondly, if you think this is the end of the nightmare, you will be in for nasty shock, if not tomorrow, then somewhere not far distant

now stay alert!

yes your right cynic this not the end ..............but that not what i said all i said was Dow Jones 12,207.59..... 157.18... 1.30% the FT100 will be up tomorrw

stay alert.........lol

Roly ....you cheeky chap hehe ...What id like to know is how you knew about Caz bonus' ,,,,,Dont tell me ,,,,,,,err The Guardian or the D Mirror ? Both of whom have an unhealthy interest in city perks ..

127 million shared between 870. We are all equal some more then others. [ The Daily Mail ]

am currently unsure whether or not i want to be tempted in at this juncture! ..... anyone got any idea why UMN should be attracting so much current interest when it is still a non-producer?

Speculators trying to recover what they have lost over the last 4 days?.

Cynic .Off Topic ... Been watching RTN - a veritable powerhouse .....Lovely chart. Chased upper bollinger band all year. Even better fundementals . Had a little nibble on tuesday ,,,10,000 & a tad shy of 322p ...... 'nice ...@+ J ..mms seem desperately short on stock . Your comments ? Start a thread. l would myself but its your call . @+ J ...As for you Roly ...l will speak to you later..hehe and dont believe all you read !!! What with your Orwellian reference perhaps i should call myself Napoleon .....hmmm

Sp taking a breather.

More intrest in brm at mo , news will boast vml

TFC .... there is already a thread with my comment ..... just use RTN on "search"

The potential of VML is a bit mind bogerling With the historic average for breccia pipes of 3million lbs of uranium at $86 thats $258m per pipe, $50 to mine leaves $208m worth of uranium multiplied by 29 = $6b
If you half it its $3b

Anyone any idea on the profit of such an amount for VML

I think Ill keep buying.

May be able to pick some more up around 20.5/21 this week .

The price of uranium can only go higher after this.
http://www.stockinterview.com/News/03092007/Ranger-Flooded-ERA.html

Fliper, I agree fully. At 21p, a good time to pile up.

guys i'm in (vml)@(UNM)one more to buy and that's me done.........i hope

Welcome aboard, micky...look at TAD too...looks promising at 4.5p

up a little , missed out on a top up . Driver report sounded very positive .

micky468
Welcome aboard if you have just joined us this is a must listen to part one.

James Dines & The Uranium Bull Part 1 with Laramide Resources and Vane Minerals
http://www.minesite.com/webcasts/commodity_watch_radio.html#c412