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.

Yup just look at those buys and just one sell. Looks like it could tick up at any moment, will have a few more.

Cheers GF. Says miners booming on the front page of money am.

What a bounce back. Just the time to buy this stock.

That wasn't a ramp was it talsiii ??? tut tut

Baza

Sounds like good advice to me :-) added again this morning.

Price ticking up nicely.

dawsinho - Had a good look at those buy/sell figures over the last week. Don't think it would take much more buying to cause another tickup now...

Cheers, Madison

Madison, since our last rns the sp has fallen back some 25% and the mm have shaken out some holders. The buy to sell ratio (not including today) is:
745,245 buy vs 1,237,527 sell
So the mm have acquired 492,282 shares (give or take a few %)

What is interesting, is that before the rns on the 11th of this month the mm seemed to be short of stock and a number of sells went though each day well above the bid price, which incidentally covered the buying for that day - So the mm seemed to be paying above the odds to cover their arses, from where they where acquiring the stock i don't know. Once the 492,282 share are cleared it will be interesting to see what happens and if they really are short or not! Could just be my over imaginative imagination... lol

Excelent research dawsinho. So before today a rough guide the MMs had about 490,000 stock on their hands. Shouldnt take long to clear that out. First bit of news and it'l be soon swallowed up.

cheers GF.

Dow has opened higher, this can only help.

Well you can pretty much half that amount just from todays buys, plus a late trade from yesterday. Always handy to keep an eye on the mm, although the only people who know how much stock is left is the mm! Regardless of the stock situation good news should work wonders on the sp, lets hope we don't have to wait to much longer..

Precious Metals booming in the US at the moment. We could get off to a flyer in the morning.

cheers GF.

Looking for sound northwards movement in the morning. Lets get them there shares the MMs own.

cheers GF.

Added again. Looks like it could be a good day.

cheers GF.

Spot price of uranium UP.

http://www.uxc.com/review/uxc_prices.html

JUst gone positive, NICE.

cheers GF.

Its very quiet this morning. A few sizable BUYS gone through then nothing then for no reason the price ticks up alittle.

Anyone got L2? Whats seems to be happening?

Dont know Syd but its nice to see it up.

cheers GF.

Good to see some blue today, ticking up on very small volume :-)

This must be due another tick up soon?
wilbs

Any with L2 know how many more BUYS before the next tick up?

Looking solid anyway.

cheers GF.