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.

Hi dawsinho

Not to sure what you mean "closing T Positions and reopening"

Thanks

guys, i love this stock and enjoy this thread but with all due respect this mini banter over a couple of 10,000 lots being rolled is sounding a little desperate!

its a quiet day, end of story!

Proptrade,

Nothing wrong with examining trades etc, gives a good insight into what sort of people are currently trading vml etc. Volumes been very thin since our last announcement, half been expecting hay bails to roll past my screen :-)

Syd, depend which broker your with, but i could for example open a t10 position which i would pay for in ten days (hence t10). After ten days i could either buy the chosen stock and pay for it or close my position and take my profit/loss without actually using any of my own cash. Hope that makes sense!

Off out for a swim, hopefully come back to a sexy rns! if not theres always tommorrow..

bails across my screen..LOL.

sums the day up perfectly. enjoy your swim

rgds
PT

Bought these at 21.50p so with paper loss,i am really hoping we get some good news from these,fingers crossed.Hardly any nails left after seeing MMG fall.

Bought these at 21.50p so with paper loss,i am really hoping we get some good news from these,fingers crossed.Hardly any nails left after seeing MMG fall.

WHY DO I GET POST TWISE

Ateeq180
No need to cross your fingers, its all there in the mix just need to be patience. I hold these and JLP both of these can be quite testing but the up-side when it comes will make the wait worthwhile.

Loadsa

What are people expecting if the news is good in the next few days/weeks, a big rise like reefton 50%+ in a day or more like a steady increase over a few weeks.

Does anyone have a realistic price for this share after the good news?

Cheers

THANKS,AT LEAST I CAN PUT MY MIND TO REST,ONE QUESTION I WOULD LIKE TO ASK IS THAT WHY THE TRADING VOLUME ON THIS STOCK IS SO LOW,IF ITS GOT A POTENTIAL TO BE A WINNER.

100,000 BUY just gone through :-)

ateeq180

I think that untill the news breaks punters may feel there are more immediate gains to be had elsewhere, in todays fluid market and with share tracking available to all this is bound to occure, thus the low trading figures. Many of the small company shares are not institution attractive untill their growth is well established and measurable.

Syd443s
If the total rise resulting from the commencement of gold production and the positive location of the uranium news is 50% I would be happy.

Loadsa

Well Im hoping its going to be a big pay day loadsa, and many thanks for the PM on Jubilee. Winnie over on tips.com is a big fan with a short term target of a quid.

cheers GF.

Reported by Mieke from another board...............

Interesting - read today that Wyoming and the Mid West of the US has been having very heavy snow - another 30 cm in the last few days. I reckon the mid-West, perhaps Utah/Colorado, is where these targets are. Hence the weather induced delays - which may occur again judging by the snow that fell this week.

cheers GF.

Can't really see the need to get too worked up about the precise date of an RNS on the U sites. (I've always been careful to say "around" the end of April.) Rather than the weather being a problem I can imagine administrative delays more easily (and some scenarios could be positive). If I was going to fret, I would fret about WHAT it says more than WHEN it says it.

But I'm not fretting because, even without any U news, it's a tremendous company which is well managed and has a great strategy. The database is of immense value and cashflow coming this year. Take away the U news from some miners and you'd be left with a shell, but this simply isn't the case here.

The AGM is on the 12th May and news from Guadalcazar can't be far away.

However, don't take my word for it. Go right through the company's website and read all available commentary and discussion. There is tremendous potential in many different areas. Somewhere up this thread I think Goldfinger has referred to some ideas on the company's valuation based on SILVER alone. (I think the figures on this are much fuller on another site but it's a while since I went there.) These figures are only conjectural and I don't necessarily give any credence to them: but they do illustrate that Vane's success has many other routes in addition to Uranium.

I don't mean to downplay the significance of the forthcoming Uranium news. But I detect a hint of some unecessary nervousness on the board. As far as I can see if the news is good then whether the sp is now 16p or 22p (moving around on small volume and unfathomable mm artistry) is really irrelevant. On the other hand if the news is not good, then there may be short term disappointment but you still have a good long term investment (relative to the mining sector).

Just how I see it. DYOR.

Cheers, Madison

PS - GF, I take it Winnie was referring to Jubilee, not Vane?!

Interesting read over at mineweb.

http://www.mineweb.net/columns/casey6.htm

CONCLUSION
With a little forethought and the good sense to see through the hype, you can position yourself in a portfolio of carefully selected, quality uranium plays and settle in for a long and very profitable ride. If you are already invested in uranium stocks, do yourself a favor and complete the research required to be sure that you are hooked up with a solid company at a price that gives you a realistic chance of participating in the long uptrend.

Spot on Madison Jubilee.

cheers GF.

Offer price just dropped a little selling 18p and buying 19.50p,i just did a dummy run and its offering 18.55p to buy.i think good oppertunity to top up.or not?

Hi Ateeq,

If you look at the relative strength index on the chart above a TAer would say yes. Id be inclined to sit back and wait a little , the US futures are down and we might have another broad market down day in the US so you may get it cheaper.

cheers GF. PS i was thinking of having a few more today but I think I have found a cracking Oil Investment that hasnt been vultured by the crowd yet. Just got to ring my buddy whos an oil expert and ask his opinion. Will let you know if you are interested?. Ill send you a PM, then again I might put it on the board.