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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

cynic - 11 May 2007 08:59 - 1904 of 2220

FTC - much more succinct is the jewish version, for we are mean with words too, of "clogs to clogs in 3 generations"

Dynamite - 11 May 2007 09:38 - 1905 of 2220

Yes...looks like VML has well and truely turned upwards and I managed to buy some more in the first minute of trading today so I'm now back in from 20 and 21P...patience is all that was required.
;-))))
Di

cynic - 11 May 2007 09:43 - 1906 of 2220

well done Di .... u got it right and i was clearly a chicken, but 20/20 hindsight is great stuff

hlyeo98 - 11 May 2007 09:53 - 1907 of 2220

Thanks Di for posting the article from IC today...rated Vane a BUY. I will delve in again.

goldfinger - 11 May 2007 10:06 - 1908 of 2220

I thought the IC came out on a Friday?????????.

How did you manage to get the tip thursday?. Or is that being a little nosey.

It all helps mind.

aldwickk - 11 May 2007 10:08 - 1909 of 2220

Yes Aldwickk,VML does appear to have some chances of further uranium strikes.I think that in the case of uranium it is far easier to get accurate quantitative readings using geiger counters etc,as compared with other metals.They can even detect radioactivity from the air,using technology from the Iraq WMD surveys.So if you see mention of potential uranium deposits you know it is likely to be correct.

That's a good point, regarding the surverys.

Greyhound - 11 May 2007 10:09 - 1910 of 2220

To subscribers it's available online I believe on Thursday pm.

Dynamite - 11 May 2007 10:12 - 1911 of 2220

GF ... don't subscribe to IC but someone on the other side obviously does so I copied the article they posted.
Di

goldfinger - 11 May 2007 10:18 - 1912 of 2220

Well done Di.

goldfinger - 11 May 2007 10:20 - 1913 of 2220

A lot seem and that includes the IC, that one of VMLs biggest assets is the agreement it as with this outfit and the access it as to the database....

Freeport Agreement Extended to June 2007


VANE Minerals ('VANE' or 'the Company) is pleased to announce a further
extension of its exclusive agreement with Freeport McMoRan Copper and Gold Inc.
('Freeport'). The agreement, originally signed on 1 October 2002, has again been
extended by a further 12 months to 30th June 2007. Under the terms of the
agreement VANE Minerals, through its wholly owned subsidiary AVEN Associates
LLC, has exclusive access to Freeport's global exploration database, excluding
Indonesia, containing more than 7,000 files dating back to1907.

The Freeport files have been preliminarily examined and several potential
prospects are currently under evaluation. The opportunities arise where targets
become viable by application of new metallurgy, advances in geological concepts,
changes in metal prices or other technological advances.

The files are also an important reference tool in evaluating opportunities
brought to VANE as potential targets. The database provides invaluable
additional information on local geology, prospectivity and historical work
undertaken on projects located within relevant geographical regions.ENDS.

Im hoping they will extend again come June.


aldwickk - 11 May 2007 10:29 - 1914 of 2220

Posted on the otherside.

Martin C-J - 10 May'07 - 18:00 - 4656 of 4670


Had a long phone conversation with the company today. They are as upset as I am at the current retracement and felt it was overdone. They did think that the recent drilling results were taken far too negatively, and had every confidence that more Uranium would be found. There are lots more drilling results due in the next few months, so there is plenty more news to come. Geiger Counter are not a seller and have been happy to buy and hold a many as they can get. It is unlikely they would hedge the most recent tranche of shares by shorting. The price would still have to get to 29p to trigger the conversion.


goldfinger - 11 May 2007 10:43 - 1915 of 2220

Thats assuring and backs up what I was initially thinking.

What is it 30 odd targets and we get one poor drill hole, hardly a catastrophe.

chesneya - 11 May 2007 11:20 - 1916 of 2220

Well I purchased a relatively small holding yesterday as I thought it looked undervalued, long may the upward trend continue.

TFC found your post most informative and have to agree that Uranium seems to be an ideal and proven solution for energy needs. I'll research this company more and may well top up at a later date.

TheFrenchConnection - 12 May 2007 05:27 - 1917 of 2220

Cynic .. With ref. to posting 1904 and your alluding to the wearing of clogs . Well after deep consideration i have deccided i cant bear the thought of you ambling happily in the knee length rough wearing clogs esp in the company of your well heeled friends. Therefore l will credit your bank account with sufficient funds to buy a pair of golfing footwear -- Now as you are already aware i am a strict observer of traditional golfing fashion ....hmmmm ...indeedy ,,Tis true ...l believe a nice dazzling pair of lemon coloured ones with red polka dots is very much in vogue and matches the remaing attire of equally dazzling pink trousers with green stripes and resplendant tangerine shirts ( plus mandatory pink v kneck pullover ),,,,,What do you think ? Cool huh ? ? ..You can reimburse me when the Czar of stock trading Feld Marshall Shareunsure -Mannering gets 150p for his CHP stock ....Fair enough ? ........@+ J...........l must add tho. l think its a tad much having Di ( in current immobile situ ) caddying for you ; Of course could she remain vertical and stop falling over every time her crutches got stuck in divet holes , l would find the pastoral scene most appealing .As nature intended . And besides a bit of fresh air never hurt anyone. ..Now this brings me to the much maligned French system of sallic law where females cannot inherit property . lts a marvellous idea as say you owned a chateau which had been in your family for over 600 years .And then you popped your clogs . Bloody clogs popping up everywhere now .And then your spouse inherits it and remarries ..aww im afraid i will have to continue this another time ....My g/f has juste got up. sssshhhhh dont want to give her any ideas or she will have my terraced house in the capital of Pakistan - Bradford,-,lol lol - of me in no time . ............@+ J............

aldwickk - 12 May 2007 05:32 - 1918 of 2220

Have you just woke up or just going to bed ? LOL

aldwickk - 12 May 2007 05:35 - 1919 of 2220

They wear clogs in France [ Brittanny ]

TheFrenchConnection - 12 May 2007 06:03 - 1920 of 2220

Yes. Exactly.Bretagne. Ancient Bretons .You Celtic lot basically.About 600 years ago A lot of Cornish sounding names in that area / still called "Strangers after all this time ,,,lol ohhh l would love to see you ask someone from Rennes or Nantes where the clog wearers hang out in Bretagne lol ..lol....non. aujourd'hui je vais rendre visite a' sa mere mais qu'est-ce qu'il y a a' voir . ..hehehe lol...............Why are you up so early ? ....Nice move in VML friday .ln a few weeks it will be back at 30p testing that resistance level . lt has great resistance there yet futures appear okay and shorters( like myself ) wouldnt dare .Bought a few more myself plus a few more PFC and KYS.........KYS is primarily a nice gold play but has nickel/ copper projects now-- bodes well . You agree Roly ? Oh i juste opened your e-mail . Yes i read the proactive report myself . Gold deposits and assayals read well . yes ? lf OXS is worth 62p then KYS is worth at least 35p

aldwickk - 12 May 2007 12:52 - 1921 of 2220

I camped at a site near Doll, i saw some clogs in a shop window there.

TheFrenchConnection - 14 May 2007 07:52 - 1922 of 2220

RNS out this morning .Piece by piece this jigsaw is fitting together. This new guy certainly seems to know his marbles plus he has already had extensive expierience working in our stomping ground in Arizona. Sound good to me . l shall have to ponder a while and look at his past. But he has been accredited with some nice finds. And with such a dearth of geologists in this field hopefully the old adage of those geolists who find and turn one prospect into a producing mine tend to do it again and again will ring true. ..........VML up 1p first thing ...24/25p spread.........@+ J

goldfinger - 14 May 2007 07:55 - 1923 of 2220

Positive news first thing. VML getting in before the other players. Shortage of top pros in mining at the moment......

Vane Minerals PLC
14 May 2007



VANE Minerals Plc

('the Company')

Appointment of Uranium Exploration Manager

VANE Minerals Plc is pleased to announce the appointment of Frank Bain as
Exploration Manager of its wholly owned uranium subsidiary, VANE Minerals (US)
LLC.

Mr. Bain brings to the Company a high level of relevant expertise in uranium
exploration, having worked as an exploration geologist with Kerr McGee Minerals
in Wyoming and also with Energy Reserves Group specifically on uranium breccia
pipes in northern Arizona. Most recently, Mr. Bain was Field Office Geologist
for the U.S. Bureau of Land Management and so also brings invaluable experience
in U.S. permitting procedures.

Following the decline in uranium prices in the 1980's, Mr. Bain entered base and
precious metals exploration with Asarco, a major copper miner in the US, and
managed projects including the San Manuel Project. As a consulting geologist, he
also managed projects for BHP Billiton, Phelps Dodge Mining, TVX Gold and
Pegasus Gold.

Mr. Bain holds B.Sc. degrees in both Geology and Land Management and has 30
years professional experience in the industry. He is also a Registered
Professional Geologist in the State of Wyoming.

Matthew Idiens, Director of Corporate Development commented: 'We welcome Frank
as Exploration Manager to VANE's uranium team. As we are all aware, there is a
dramatic skills shortage in the mining industry internationally, but
particularly in uranium given that the industry entered a major downturn in the
1980's. It is therefore of great benefit to VANE to gain a geologist with
Frank's level of uranium exploration expertise to strengthen our existing pool
of uranium knowledge, particularly with regards to the specialised areas of both
breccia pipes and stratabound deposits.'


Enquiries:

VANE Minerals Plc
Matthew Idiens
+44 (0) 20 7667 6322

Ambrian Partners Limited
Richard Brown
+44 (0) 20 7776 6417

Parkgreen Communications
Cathy Malins/Annabel Leather
+44 (0) 20 7851 7480

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