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.

may be in conatct while away .... fromage dure!

Toujours frais, quand meme :P

LOL..... its great to see the banter between cynic and TFC.

Have to say you two are brilliant entertainment........ who needs TV.

Think your both a swell pair of guys, please keep it up.

regards me.

seulement frais apres mon bain annuel! .... maintenant, parce que nous sommes en mai, peutetre plus comme du chevre!

Recently came into this share and good to see some familiar names on here from CHP threads. Topped up again today at under the 20pence mark so will be interesting to see what happens going forwards.

Seems like a lot of potential in medium / long term.

Also had a small top up, better than my last one at 29p still early days.

u will either be getting at the bottom of a rally or at the top of renewed weakness .... the jury remains out, but it concerns me that sp has not rallied today ...... by the way, so sorry to hear it ius raining in UK ..... mid 80s and sunny in Spain .... eat your hearts out kids!

cynic
Get on with yer golf.

others don't arrive until tomorrow ..... lovely hotel up in the hills; views for miles ..... quite funny story attaching which i wouid gladly share over a drink

Played in a charity golf day at Wentworth last week and was awful ! Most embarassing but what can you do.

Swing well and heres to a rise in the SP.........

Is this the day to end blue?

don't worry about it .... just a crappy course in the middle of a housing estate! ..... good job you weren't playing off the real tees by the sounds of it, but hope you enjoyed everything other than the golf

This is bound to provoke some comments, buy tip in Investors Chronicle

buy by British bulls 9/5/07, and they got the sell spot on as well.

Our system posted a BUY-IF today. The previous SELL recommendation was made on 25.04.2007 (14) days ago, when the stock price was 32.2500. Since then VML has fallen -34.11% .

The fall today would make it a BUY Confirmed.

We might see some short closing at the close.

I understand the article will be on the shelves tomorrow...

VANE MINERALS (VML)

Up until the end of 2006, Vane's share price was struggling to get into double figures, even though the company had started to...

1 | 11 May 2007 | 922 words | Investors Chronicle



It is true, dont have a subscription but here is proof of the article.

The IC article:

Up until the end of 2006, Vane's share price was struggling to get into double figures, even though the company had started to mine silver at its wholly-owned Diablito narrow-vein mine in western Mexico. Then, in December 2004, when the price of uranium was at $19 a lb, Vane started to peg uranium stratabound acreage in eastern Utah and south-west Colorado, and higher-grade Breccia pipes in northern Arizona.

Following accidents at Chernobyl and Three Mile Island, uranium had become an unloved mineral. But now, with improved safety and zero emissions, uranium has hit the global warming jackpot, with a price well over $100 a lb. The US currently has over 100 nuclear reactors providing a fifth of its electricity - and substantial new nuclear capacity is expected to be in place by 2020.

However, it is the Breccia pipes that could make Vane its fortune. It has 32 targets to explore and expected 1 per cent grades would be the richest in the US to date. Preliminary drilling down to around 1,500 ft has already started.

ORD PRICE: 23.5p MARKET VALUE: 34.6m
TOUCH: 23-24p 12-Month HIGH: 32.5p Low: 8p
DIVIDEND YIELD: nil PE RATIO: na
NET ASSET VALUE: 8p NET DEBT: 0.5%

Year to Turnover Pre-tax Earnings Dividend per
31 Dec (m) profit (000) per share (p) Share (p)

2005 0.29 -985 -0.60 nil
2006 1.59 -872 -0.61 nil
% change +448 - - -

Last IC view: Buy, 9.75p, 22 Sep 2006

The share price has doubled this year (from 13p), although it has recently slipped back a bit. A speculative buy.

Evening all.

I think we have found the floor at the 20p level and should see the price rebound to 25p+ over the next couple of weeks.

The near 40% fall since last week's results has been well overdone as fundamentally nothing has changed in the companies prospects.

Onwards and upwards from here IMO.

I have held this stock since May '06 and the next two or three months should be very exciting with further drill results,the outcome of strategic review and possible listing on Toronto Stock Exchange on the horizon.