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.

Spot on Syd, I beleive there were quite a few day traders who jumped on this when the good news started to come out. The 2 week delay means that for them there money may be better used elsewhere at the moment, but THEY WILL BE BACK, you can count on that.

cheers GF.

GF answers none of my points. Interesting that. Down 15% since i advised caution.

Madison you around?, any idea what the spot price of Uranium is doing at the moment?.

cheers Gf.

Even if someone hasn`t got shares in vane its worth comming on here for the side show between Hawick and Goldfinger. lol
DB66
P.S
I do hold shares in Vane

DB you holding CSB? a big buy just come in.

cheers GF.

hawick,
have you researched vane? If so you will know the great potential and the upside of being in. If not then why waste your time on here?
Its obvious to anyone with half a brain that this is a BUY!!
wilbs

hawick you are a thick peasant. your 3 posts are just a snipe

at the company based on non understanding. dont waste our time.

if you want to fight goldfinger go to another place.

BUY!!!!

Cant get any cheaper, will probably recover in the afternoon anyway. This has been a stable share in these weak markets everything looks red this morning. There has been no bad news about this company and news is not far away this is defiantly a buying opportunity!

Under budget and ahead of schedule, more uranium site have been acquired since the last RNS. I cant understand people selling, my target in the short term is easily 26-28p and if the good news keeps coming cant see why we should hit 50p by the end of the year.

http://www.vaneminerals.com/default.asp?page=PapersSingle&id=83

Hawicks welcome to his bearish opinion guys even if its obvious to a blind man that its based on no research or lack of understanding of the company and is a personal attack on myself which I will just not entertain. If he continues his personal attack I will just filter him simple as that as I do not wish this thread to become subjected to abuse its not fair to other posters, in fact as hes already had 4 goes at me, Hawick Filtered.

cheers GF.

THANKS for your input goldfinger and keep up the good work.

Buyers starting to creep in.

cheers GF.

Yeah weve seen this before, was it last week the same thing happen price drops down to 19.5 then in the afternoon the price creeps back to evens. We know the MMs are short of stock so we should expect little treeshakes like this now and again especially ahead of good news.

GF, been out all morning, just come in. Uranium spot price U308 on April 11 (latest available)$23.20. Up .20 since my last post on this.

Will definitely be topping up either later today or early next week.

Cheers, Madison

Anyone with L2? whats it looking like?

1 v 2

syd - here's your 19p opportunity. I wouldn't imagine it will last long though!

Cheers, Madison

Already topped up twice today. :-)

Hi everyone, Just topped up with 3000 at 19.50p Wish we had more cash would definitely get more at this price. Cheers. Paul and Di