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VANE MINERALS, A Cheaper And Lower Risk Route Into The Uranium Market. (VML)     

goldfinger - 08 Mar 2005 09:20

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.

p.php?pid=legacydaily&epic=VML&type=1&si

fliper - 16 Apr 2007 06:50 - 1635 of 2220

Are we in for a good week for vml ?

aldwickk - 16 Apr 2007 06:50 - 1636 of 2220

Why was there a price spike in the mid 70's ?

TheFrenchConnection - 16 Apr 2007 06:53 - 1637 of 2220

Due mostly in part to commodoties bull market between approx end of 74 and 1980 , and greatlyexcerbated by middle east oil crisis , plus UK govt lied- as always - and said only 20 years of coal remained, cold war, and usa oil production was peaking ,,,and nuclear bacame flavour of the month ,,,,,Also countries like USA, UK and especially France( which is about 80% nuke powered) were buying heavily,,,,,,,,,,,,,,,,,,,,,,U308 is the only heavy metal that will power nuke stations ,,,,,,,,,,,,,,,,,,,\ot \talking of coal - any particular favourites ?

TheFrenchConnection - 16 Apr 2007 09:10 - 1638 of 2220

This is a real runaway .....offer @ 34.5

goldfinger - 16 Apr 2007 09:36 - 1639 of 2220

TFC thanks for your take on the prospects of the company.

Very interesting to read your thoughts on Silver.

Im now searching for a silver investment and doing more research.

Cheers GF.

goldfinger - 16 Apr 2007 10:32 - 1640 of 2220

In the Telegraph today.....

The AIM Market:
*Rush of new money brings smaller stocks to life (Uramin (UMN.L), Vane Minerals (VML.L), UrAsia Energy (UUU.L)).

hlyeo98 - 16 Apr 2007 14:50 - 1641 of 2220

Good day to buy Vane...I've added today.

cynic - 16 Apr 2007 15:02 - 1642 of 2220

most assuredly a good day to be holding VML (and UMN for that matter), but would not be able to convince myself to dive in at this level.

hlyeo98 - 16 Apr 2007 15:06 - 1643 of 2220

I'm thinking about buying UMN at 292p...what do u think, cynic?

cynic - 16 Apr 2007 15:16 - 1644 of 2220

bloody hell ...... was it not hard enough to get me into UMN and VML in the first place! (ROTFL) ...... let me have a look at the UMN chart, though i suspect sp has bolted through all obvious resistances

hlyeo98 - 16 Apr 2007 15:30 - 1645 of 2220

LOL...if it's not for us, you would not have made some dosh. Apparently UMN and VML and UUU in the Telegraph today. Have you look at it?

cynic - 16 Apr 2007 15:44 - 1646 of 2220

'fraid not, but 2 stocks that are already performing well in this sector will suffice methinks

hlyeo98 - 16 Apr 2007 15:57 - 1647 of 2220

...and Barclays also in VML. More upside to come. Glad I top up.


Vane Minerals PLC
16 April 2007

VANE Minerals Plc
('the Company')


Notification of significant holding


Under the FSA Disclosure and Transparency rules DTR 5, the following information falls to be disclosed:


The Company was notified on 16th April 2007 that Barclays PLC, through its
subsidiary Barclays Stockbrokers Ltd, now holds 8,687,963 Ordinary Shares in
the Company with effect from 13th April 2007, representing 5.90% of the
Company's total voting rights.


The Company confirms that it now has a total number of 147,143,823 Ordinary shares in issue and total number of 147,143,823 voting rights.


doughboy66 - 16 Apr 2007 16:01 - 1648 of 2220

I do believe that is a small decrease in their holding.

cynic - 16 Apr 2007 16:04 - 1649 of 2220

my original stake was about 60/65% of my norm and with the recent surge, it seems to me that i would arguably be risking more than the likely gain ...... unless of course VML becomes a t/o target in the immediate future.

aldwickk - 16 Apr 2007 17:04 - 1650 of 2220

Not profit taking by Barclays already ?

driver - 16 Apr 2007 17:08 - 1651 of 2220

Anyone looked at INdia Star Energy plc (INDY) another Uranium play.

fliper - 16 Apr 2007 19:17 - 1652 of 2220

Cannot see barclays profit taking , more like they are moving money around for other shares . The small amount sold says , they are positive about vml .

bhunt1910 - 16 Apr 2007 19:27 - 1653 of 2220

Surely shares held by BSL are those held on behalf of others in their nominee accounts ??

goldfinger - 16 Apr 2007 23:11 - 1654 of 2220

Good point Basa.

And would show that demand is rife but sensible types are taking top slice profits.
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