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.

There may well be a minning feature in the IC. You go to the website and type in vane, an article tilted:


Found 8 article(s). 1-8 of 8 listed below

Mining: our top picks

Investors continue to be drawn to the exciting world of mining stocks in spite of signs of a sell-off. Alastair Ford finds the...

1 | 6 May 2005 | 3643 words | Investors Chronicle

which is on for tomorrow.

Any word on the IC news today?

Nothing of great interest in IC. VML are listed in Top Broker Tips along with 5 other companies.
wilbs

AFX News : 5-May-2005

Vane Minerals gets exploration rights to 16 uranium properties in Arizona

LONDON (AFX) - Vane Minerals PLC has obtained exploration rights to 16 properties in the breccia pipe uranium district of Northern Arizona. The company said this was in line with its planned uranium programme, as previously announced.

In addition to these 16 properties, Vane said it continues to identify and investigate other opportunities for acquisitions within the uranium sector.

Michael Spriggs, chairman of Vane said: 'These 16 properties show great potential and we are delighted to add them to the Vane portfolio.'

Press Centre : What the Papers say
This is Money : 4-May-2005



Smaller companies report: Tuesday close



Shares in Vane Minerals, meanwhile, added 3p at 22p after news the firm has obtained exploration rights to 16 properties in the breccia pipe uranium district of Northern Arizona.

The company said this was in line with its planned uranium programme, as previously announced. In addition to these 16 properties, Vane said it continues to identify and investigate other opportunities for acquisitions within the uranium sector.

We are getting in the papers/mags at least, this should get the VML above the radar and get people buying.

syd443s,
Are you OracleUk from the other side??
If not then are posts are getting pasted over there.
wilbs

Yeah, tried using "oracle" but was already taken.

Cheers syd443s/OracleUk
wilbs

Just like posting over all the boards make sure everyone gets the same info, plus you get more/different feedback from the diff boards, am fairly new to trading so more and varied info really helps.

Morning GF - you in bed yet ?

Did u ever publicise that little oil gem that you had been researching - or did it come to nought?

Baza

GED GLOBAL ENERGY DEVELOPMENT Well Undervalued And As Yet Untouched By The B/B Herd

Hi Baza, Above is the oil company GF mentioned... It's on the second page of this forum.

Cheers
Sid

Thanks Sid - must have missed that

Baza

Cant believe this, down 5% yet all the good news about this company says its a winner. Why are people selling?

It's the market today... everything is getting a beating!

Yes its very frustrating. Think Ill go back to bed was up will 5 watching the election.

cheers GF

Vanes one of my hottest shares at the mo, very pleased with it, despite mm taking the p##s! Just bought some more, very difficult to buy many online. Max i could get was 5k's worth.

Daws

daws - Try BSL - I just got quoted 20,000 @ 19,85 with a 7.50 dealing charge. I am usually very please with the service provided by BSL - and it is usually inside the spread

Baza

Baza,

Cheers for that, actually meant i bought five thousands pounds worth (5k) :-)
Can usually get quotes for at least 10k's worth on tdw no probs.
Found it hard to believe that i could buy these for this price considering the recent news and expected news flow, maybe towards the end of next week with the agm (no ramp!)
Off out to start the weekend early, have a good one everybody. Will look forward to next week and see what that brings!

daws

Uranium Spot Price up over 9% since last price post on this thread.

Last available date 2 May: u308 $26.25 - up $2.25.

Cheers, Madison