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.

Actually its 'patience is a virtue, possess it if you can,
Seldom in a woman, never in a man'
I don't think it was an Oscar Wilde saying though Aldwickk

Richard Posin wasnt it ? ...l have heard so many variations of this proverb that it seems impossible to recall the precise text ......Somehow ,however . i always thought whoever wrote it must be a woman having a pop at the male gender . Yet several sources credit Posin with this ditty ....................................................................................................................................................................................................................................................................VML VML looking strong. Spread now 24 /25,25 . .

And there was me thinking it was Plowman or something or other which later appeared in Canterbury Tales..... either way - onward and upward?!

No ones noticed Im sulking after topping up at 29p

driver, don't think you need to worry - you're not alone!!

Ticking up.

again .... well called Di ... am back in full circulation again to annoy you all .... lol!

Cynic I wish I could call it as well everytime but a favourite game of mine is to watch a handful of stocks which I think have super potential and buy on their way up and try to pick the topish and sell. Then wait for the next move up again...this has worked with VML (once so far) GFM (4 times) NOP(4 times) SEO (twice) PDX(6 times)GOO (once)HYR(twice)OXB (3 times)ZOO(3 times)etc...I usually aim to double my money at least.
I have failed with quite a few too CHP, YOO, SUB and NML but other than NML I haven't lost much in comparison.
A few weeks ago I thought OXN might join my stable but after making 10% in a week I was spooked out when all the MM's dropped price together. Now its delisted. In my mind VML could easily be another GFM or KMR.
I hope the golf was good.
Di

Dynamite

removed.

gf
That's knocked the sp.

oops.

Wouldnt TAers consider this to be oversold on the basis of the RSI ?????????

golf was good fun and very competitive ...... Valderrama was arguably a bit disappointing for the money but would certainly want to play there again, but would HATE to live donw on that coastla strip ... yuk!!

hotel was fantastico! ...... very very quiet and way up in the mountains in a village 15km from Antequera from where you could see 30/40 miles ..... and intersting and good food too ..... highly recommend a red wine called Fagus if you can find it

As far as I'm aware, below 30 is oversold and above 70 is overbought. This appears to be around 50.

Strawbs.

Strawbs
70 is overbought with no news, with big finds in one or more pipes 300p may be a bit overbought.

Cynic, FYI you can buy Fagus at certain Asda stores - very nice wine.

Feeling fed up today...nothing much happening on VML or anything else. I wanted to net my strawberries as the birds are having a lovely munch but I'm waiting for a special delivery and can't go out :-(
Di

thanks Chesney ... willl also search via internet

Cynic , good to see back , hope you did not lose many balls ! ( take a look at viy and report )