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.

In the Sunday Times yesterday...

SELL GREEN, BUY NUCLEAR

The government has approved the building of 10 power stations and similar decisions on construction are expected in Germany, Japan, Italy and America, according to Max King at Investec.

Simon Webber of the Schroders Climate Change fund likes firms such as Areva up 2% over 12 months which is involved in the production of nuclear plants, as well as the uranium miner Cameco up 41% over 12 months.

He believes some green stocks are overvalued. The price of solar panels has collapsed because of oversupply, he said.

19-January-2010

VANE Minerals plc (AIM:VML)

('VANE' or the 'Company')

Acquisition of New Uranium Property, Colorado, USA

Property package acquired from Uranium One Americas Inc:

4900 acres comprising 213 lode claims and one State lease

Located on trend of high-grade uranium hosted in lignite intersected in widely-spaced historic exploration drilling

Hole 101 contains 5.0ft of 0.82% U3O8 at depth of 90 feet

VANE today announces that its wholly-owned subsidiary, VANE Minerals (US) LLC, has purchased the Coyote Basin project, located in Moffat and Rio Blanco Counties in northwest Colorado, USA, from Uranium One Americas, Inc. ("U1"), a wholly owned subsidiary of Uranium One Inc.

Under the terms of the purchase agreement, U1 retains a 2% gross royalty on the federal lode claims and a 1% gross royalty on the State Lease. In addition, U1 may elect to convert the royalties to working interest of from 10%-35% prior to feasibility.

The Agreement, which covers approximately 4900 acres and is subject to terms, comprises 213 federal lode claims and one Colorado State Lease. The area has undergone widely-spaced exploration drilling in the 1970s that discovered high-grade uranium hosted in lignite.

Available historical information includes historical drill intercepts, which show the mineralized zones in the region from which the following are listed:


Hole 101 - 5.0ft of 0.82% U3O8 at depth of 90 feet

Hole 113 - 14.5ft of 0.18 U3O8 at depth of 40 feet

Hole 150 - 10.0ft of 0.10% U3O8 at depth of 50 feet

Hole 104 - 10.0ft of 0.43% U3O8 at depth of 30 feet (off property 800ft from boundary)

Holes 101 and 104, the two highest grade holes, are located 1 mile apart. Hole 150 is located 1200 feet north of 101 and Hole 113 is located 1200 feet southeast of Hole 104. The potential of the area of the high-grade intercepts is estimated at 50mm pounds of contained U3O8. VANE plans to conduct confirmation drilling of the mineralized holes and obtain core for metallurgical testing to determine the recoverability of the uranium. Uranium has been recovered from coal historically. Assuming favorable metallurgical test results, VANE plans to follow up with delineation drilling to determine the size of the mineralization.
-----------------------------------------------------------------------------------------------------------------------
Kristopher K. Hefton, Chief Operating Officer VANE Minerals (US) LLC, BSc Geology, who meets the criteria of a qualified person under the AIM Rules - Guidance for Mining, Oil and Gas Companies, has reviewed and approved the technical information contained within this announcement.

Steve Van Nort, VANE's CEO commented: "This new uranium property acquisition further strengthens our relationship with U1 and also our uranium portfolio in the US. VANE management believes this project has the potential to contain in excess of the 50mm pounds of uranium oxide estimated in the high grade drilled area. We look forward to commencing our drilling program to confirm the historic data, obtain core for metallurgical testing and to establish the extent and distribution of the mineralization in the area.

VANE has had significant success with its existing joint venture with U1 at the Wate breccia pipe in Northern Arizona during 2009. We expect to announce an NI 43-101 resource statement on the pipe within the next few weeks. While we initially expected to announce this news during December of last year, we needed to undertake additional drill hole survey work. We look forward to announcing this and other news in the coming months."

Here we go again : what have they bought now ?....more dud property packages....how many times before have they done this ?....there seems to be nothing to get your teeth into with this company , always the same story.....loads of drilling etc...but nothing of any value...when are they going to make money on all these properties and turn them into cash ?...a decade away or more and on top of this the Diabilito mine is starting to run dry, hence the panicstations to start another one in Mexico....I might buy into this at some stage but there are plenty of bear points.

Topped up early this morn. Long term looking very good.aimvho

Better news.....perhaps a sp rise now.

I have to say that if the figures are correct, that the value of the metal in the ground is a staggering $90 billion !??....if this is right....the sp must double short term...

Just remember AMC and the silly numbers they touted, the hype took them
up sharply but they quickly came back down.

Dont matter how much is in the ground, how much does it cost to get it out,
i had shares in a company with the biggest zinc deposits in the world, it meant
little and the shareprice went nowhere for 20 years.

It does sound like a crazy exaggeration.....but still the same....the market cap of this company is very small...

Very positive update !...

Another good update....with gold and uranium...this should be a climber soon....uranium looks like being the spot price to watch this winter.

Just will not climb.....at one time was overvalued...now looks way undervalued...tiny cap....9 million pounds.....

Its always been a dog of a share for years RF,always good news round the corner except it been 7 years or more,there is more life in Jack Duckworth than this share.

This one is certainly starting to attract some interest.

http://www.vaneminerals.com/userfiles/file/vane%20presentation%20sept%202010.pdf

If they confirm just one commercial uranium pipe : then anything above 10p....

Excellent news.....much better from this company now......10p plus target is on....

More good news but no re rating as yet.

Just cleaned my glasses but i still can't see 10p.,.

Just won't climb and yet it should sooner or later....

sadly nowt wrong with yer glasses baler - however encouraging director buying as per article below..................

JD Wetherspoon chief exec share sale nets 90,000

Date: Wednesday 04 May 2011



JD Wetherspoons chief executive John Hutson pocketed has pocketed more than 90,000 from the sale of shares in the pub chain operator.

He offloaded 20,000 for 454p a time on the same day the firm said it should see a reasonable outcome to the current financial year despite higher costs and the tough times its customers are experiencing. The sales leaves him with 34,801 shares.

Shares in the company have eased since Hutson sold 90,000 shares at 466.7p a time in January. JD Wetherspoon continues to be faced with rising costs for a wide range of goods and services, combined with a reduction in disposable income for many of its customers, it said today.

Sales continue to be resilient and the performance of our recently opened pubs remains encouraging.

In the 13 weeks to 24 April, like-for-like sales increased by 2.4% from the same period the previous year, while total sales, including new pubs, were up by 7.4%. In the 39 weeks to 24 April, like-for-like sales increased by 2.4% and overall company sales increased by 7.6%.

Wetherspoons has opened 29 pubs and closed two so far this financial year. It intends to have opened 50 by the year end.

Hutson has worked with JD Wetherspoon since 1991. He replaced Tim Martin, the companys founder, as chairman in 2004.

Top Director Buys

Vane Minerals (VML)

Director name: Mr Matthew C. Idiens

Amount purchased: 1,000,000 @ 2.75p

Value: 27,500

Vphase (VPHA)

Director name: Mr Richard Smith

Amount purchased: 1,034,483 @ 1.45p

Value: 15,000

Sinclair Pharma (SPH)

Director name: Mr Jean-Charles Tschudin

Amount purchased: 33,000 @ 36.00p

Value: 11,880



Vphase (VPHA)

Director name: Ms Vanda Murray

Amount purchased: 690,000 @ 1.45p

Value: 10,005

http://www.digitallook.com/news/4211597/JD_Wetherspoon_chief_exec_share_sale_nets_%C2%A390000.html