Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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

cynic - 17 Apr 2007 07:26 - 1657 of 2220

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

aldwickk - 17 Apr 2007 08:21 - 1658 of 2220

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.

cynic - 17 Apr 2007 08:23 - 1659 of 2220

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

aldwickk - 17 Apr 2007 08:37 - 1660 of 2220

LOL

moneyplus - 17 Apr 2007 10:41 - 1661 of 2220

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

Dynamite - 17 Apr 2007 10:42 - 1662 of 2220

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

cynic - 17 Apr 2007 10:47 - 1663 of 2220

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.

hlyeo98 - 17 Apr 2007 11:08 - 1664 of 2220

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

driver - 17 Apr 2007 14:22 - 1665 of 2220

Had a small Top up on the dip.

driver - 17 Apr 2007 15:31 - 1666 of 2220

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

TheFrenchConnection - 17 Apr 2007 20:46 - 1667 of 2220

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

TheFrenchConnection - 17 Apr 2007 20:54 - 1668 of 2220

OT / Baz ,,,,Hope your daughter and new born are both fine and everything in the Hunt household is full of happiness !!!!!!!!!!!!!!!!!and chateaus des Lafite Rothschild or Haut Brion , of course!!!!!!!!............

myownmoney - 17 Apr 2007 22:29 - 1669 of 2220

Look to future profits, :-)

Uranium supply will fall short of demand over the next decade
Concerns over shortage of oil and gas with resulting high prices in these fossil fuels, along with environmental
issues regarding greenhouse gas emissions, has fuelled a new interest in nuclear energy as the source of
power to meet current and future global demand for electricity.
New supplies of uranium will come at a higher cost which, in turn, will continue to put upward pressure on the
price of uranium.
Nuclear power provides nearly 17% of the worlds
total annual electricity generation and 34% of the
European Unions needs. France receives 78% of its
electricity from nuclear, Belgium almost 56%,
Sweden close to 50%, South Korea 40%,
Switzerland 40%, Japan 25% and the United States
20%.
In Asia, nuclear energy is an increasingly important
source of power.
Korea is expected to increase its dependence on
nuclear power up to 60% in three decades. The
country now operates 19 nuclear reactors.

robertalexander - 18 Apr 2007 20:21 - 1670 of 2220

Did anyone see any BUY trades go through today at less than 30p. Money AM had a few but wondering if they were actually SELLS. i ask as i had a limit order for 30p and it wasn't actioned.
Alex

Jasontrade - 18 Apr 2007 20:31 - 1671 of 2220

Rob
Bought 4950 @ 0.2995 Timed 10:03 today
Jas

robertalexander - 18 Apr 2007 20:32 - 1672 of 2220

thanks Jas, i feel a complaint letter coming on
Alex

robertalexander - 18 Apr 2007 20:48 - 1673 of 2220

Jas,
did you purchase online or by phone - if you dont mind me asking.
Alex

Jasontrade - 18 Apr 2007 22:03 - 1674 of 2220

Alex
Online
Jas

TheFrenchConnection - 18 Apr 2007 23:52 - 1675 of 2220

All u308 stock nosedived today .lts not these piddling tiny trades dragging the s/p down; but rather very short term "shorters" entering the lists / fray. And when you take into consideration VML s/p has jumped by almost 35% who can blame them ?.Now top shorters usually work on the principle of an exit after 60% of a gain of 35% has been wiped off the board--which equates to about 6p in this instance . So l can see my entry target of 25p being quite possibly achieved .Thearby giving me the oppertunity to strike like ....errrrr ....hmmm lightening...Yup thats it , Lightening .,,,,,,,,,,,,,Then the thunder will come . ,,,,,,,,,b/chance a' vous .Faires attention ! a/b @+ J .... OT /Rob Perhaps it wasnt such a bad thing you didnt trade at 3op as you will pick these up later much cheaper. But its the principle. And i personally would complain vociferously and demand the matter be rectified . After all you dont want it occuring again !!!!! and again .!!

rdotdj - 19 Apr 2007 00:27 - 1676 of 2220

I am in in a smallish way buy now take your info to heart and want to go in heavy
These message boards are always stressing DYOR and sometimes are finding it very difficult to get more than RNS etc.
Can some one advise me where I need to go to complete my researches.
I thank you all for your advices
Register now or login to post to this thread.