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.

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

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.

Not profit taking by Barclays already ?

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

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 .

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

Good point Basa.

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

BHUNT .. May l call you Basa ? and G/F > l totally agree with both of your points .Absolutely. A couple of little nuggets for you to mull over. Your PM Blair stated on the 16th May 2006 that nuclear was "back with a vegeance " Now heres a man in possession of all the facts reg.the forecoming dual crisis reg both energy shortage and carbon emmissions . l thought at the time that was a very strange thing for a PM to admit . l didnt pay it much heed at the time . But i never forgot. This feeling was compounded and forced me to act on U308 when in the middle of the medias obcessive frenzied interest in "Whens Tony resigning " scenario he appeared on TV "Hard Talk" and went out of his way to tell everyone that without nuclear power the lights would go out and its bloody awful implications . lt scared the shit out of me but the interviwer s remit was to get an idea of Tonys departure from Downing St and the nuclear issue was passed over. . ...Now as much as Blairs character is flawwed he very rarely makes such verbal blunders. He is too well briefed. But this was a "blunder" of the highest order. Or was it ? Was it really ? Methinks not . l thought at the time he was indirectly making it difficult for Browne to convince people , who after both 3 mile lsland ,and especially, Chernoby, who despise nuclear power, to accept it . But he wasnt . He was paving the way for the British peoples to grow accustomed to it in order to make it easiar for Brown ( as much as he HATES THE MAN ) .lncidentally Gordons brother is leading the bid on behalf of Eons NOMAD and advisers to BUY DRAX .....l repeat - this is a non brainer. U308 cant be speculated upon as EVERY SINGLE OUNCE ( let alone a pound )has to be catalogued. So we wont suddenly see tons of the stuff appearing out of a 100 Dutch warehouses as happened with copper . And we know that demand exceeds supply by a massive 52%.And this will only worsen . Power stations dictate price terms not commodoties traders. All this smacks of the hi tec days with daily movement of 200% ,,lol ..lt makes the oil hike of 2002/2006 or the recent copper and zinc boom look trite and irrelevent as investments ..BUT WITHOUT ANY RISK !! .NON !!!!! l usually never divulge a buy before i do it but l am looking (after top splicing) to get back in very heavily at the 25/26 level lf at all possible !!! And without wishing to sound egotistical but rather to illustrate how bullish i am , i dont mean a few hundred thousand . l am talking in perhaps say 2/3 million . Those who know me know i dont ever fu** about .. ......Piddling around with a 100,000 or so would only wind me up when l know this is as certain as they EVER come ..And you wont get it ANY BETTER or EASIAR than in U308 ..Who dares wins is a truism .. ! Also buying positions in a few other uranium plays i havent already got !!!!!!!.BUT AT THE RIGHT PRICE as both UUU and UMN look really pricey ! ADYOR . ,,,@+ J ....................,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, .....G/F ...Have you seen the silver grades at MIO ? Cant understand its stagnation esp. today when even the dross of mining companies went up l agree.Placer Dome is top drawer good as is MNA but i want a junior who have loads of potential and is trading well below 180 day average AND with a bright future. And the old chestnut Mincos Bilbao project in mexico has average grades of 1 full pound per ton and one hole has a metre intersection of a phenomenol 2.3 KG p/t .ln addition they have a JORC compliaced resource of 32 million ozs in La Laguna Zacatecana ..Also they have recently intersected a massive zinc and lead mineralization at Pallas Green ,,,,Definately worthy of attention at this level ,,,Any views /comments ?

I WISH I HAD AN EDITOR ,,,LOL HEHE......Yes i know ,,,lol So do you ,,,,,,( said in anticipation of you all moaning in agreement)

TFC .... yet again, another of your posts that just MAY contain something interesting, but it is all lost in the usual blizzard of verbiage .... for goodness sake learn to edit or even to think before you write

Cynic,

I like the way he posts, because he gets so much more into them. Its a bit like when you meet a old friend you haven't seen in years , and you have so much to say.

prob is i seem to meet him 6 times a day .... lol!

LOL

TFC-I agree with most of your post except your comment on umn being too pricey. uranium demand exceeds supply by 50% and umn is sitting on the 2nd largest reserves in the world + very close to production. when that happens this sp will be left far behind. I am in umn ura nu. and now vml--happy with all of them but especially umn

Hmmmm well I'm not sure where this is going now so I decided to sell half my VML holding at huge profit and stick with the other half and see what happens...even if I lose the lot now I have agreat profit over all. Chances are profit taking will kick in and I will get the chance to buy back again at a lower price. I do see VML going up alot more in the future but after such a brilliant run for me it has to be time to take profit. I haven't forgotten GFM where I was in at 29p and out at 90p and back in at 66p. Whilst I believe in these companies I believe in my profit more :-)
Di

gosh .... another who realises a profit is only such when banked!
that said, this morning's dip looks like normal profit taking by small shareholders like me (i only hold 50k) .... for myself, i think on balance i shall just stay put but watchful.

mm's just having some fun today...small volumes. Good opportunity to buy. I wish I had more cash.

Had a small Top up on the dip.

From the other side.

I have heard from Annabel Leather of Parkgreen Communications re the EGM. This will be held at 10am on 8th May 2007, the location is at the offices of:

Daniel Stewart & Company plc
Beckett House
36 Old Jewry
London
EC2R 8DD

yup me to Mr D. ...A mere toe dip .... l have been told by my "dad" to think before i write. Somewhat perversely i cant think of a thing to say now so sod it. ,,,,Cynic. Stop complaining or i will stalk you ,,,,hehe,,,chaque jour et nuit/ toujours ,,,,oooooooooo Talking of stalking my new neighbors have a daughter of about 19 who is about as good as hot totti gets . She has a smile and a few other bits worthy of my full attention . hehe Much to the chagrin of my g/f who despite being one of the L'oreal models is unpredictable and very possessive- . A trait it seems shared by the most truly esoteric and beautiful of girls .unlike the slappers like that filthy dirty silicon cow - Jordan- who merely imitates beauty, mocks class and is bankrupt of both style or education ....Wow i have juste realised something . my entire nail in toe next to biggest is gone. Hmmmn Thats it . Never again will i go out on the razzle with Bos in Bolton. Strange individual