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.

It can mean MMs don't hold a lot of stock, but I'm not sure if that's the case here.

There was a stage, just before VML shot up from 15.75 to the twenties when it clung to the same sp for over a week despite relatively large buying. (You'll see GF and I commenting on it towards the start of the thread.)

Just tried to buy some in an ISA but wasn't allowed.

Cheers, Madison

Just phoned Vane Minerals as I am out of the country for a few weeks as from monday so I wanted to clarify a few points before I left especially the article recently published in this weeks share mag.
The gentleman I managed to speak to was Mathew Idiens, he stated that he was aware of the recent article and that it was factually incorrect, the journalist that wrote the article was not a mining expert.
He said that there would be a follow up article in next weeks shares mag to confirm this.
He also said that there are HIGH grades of gold and silver deposits and that everything was running on target.
With regard to the process, they will be milling the gold and silver to keep the transportation costs to a minimum.
He also confirmed that there will be more good news to come within the next few weeks.
I will just add that the gentleman I spoke to was extremely knowledgeable in this field and happy to help with any questions I had. He was very upbeat about the company in general and gave me good re-assurance in the management of this company.
If you need to confirm any of this I would advise you to ring him direct as I am sure he will be happy to take your calls.
I am now happy to hold and look forward to the news!

thanks for that Judkay........looks very positive

Appreciate you sharing the 'phone call you had with Mathew Idiens, Judkay, it was very re-assuring. With Kind regards. Paul and Di.

Cheers Judkay
wilbs

2v1 on BUYS :-)

Why doesnt the price move with this amount of BUYS going through. 160K of BUYS and the price has not moved :-|

The MMs do not rate the small miners at the moment. Hence the price movement downwards. I know the person that bought the 20k, 30k and 50k this afternoon, and whilst I am pleased he's on board, I only wish I was getting such a bargin.

tallsiii,

you can !! you can !!

you just need a couple of credit cards........haha

thank god i was able to get out of RTM with a smaller loss then it was sitting at for a while there.....today's rise was good - out of RTM with a bearable loss, and into Vane which is sitting on nice low level......

and what next ?? SEO rocketing into the heavens perhaps ??? (i better touch some wood or something....otherwise my optimism may end up being short-lived)

it goes without saying that the Shares mag article was kack....

i mean; they wrote in the middle some negative sounding stuff as to their thoughts on why the sp might have gone down - thoughts which do not make any sense.....but the strangest thing is the way it ends; stating that the company still expects to make $250k per month profit....

this relates to the $3 mill. annual figure that has already been bandied about before.....so if it is on track financially, then what ???

Interesting overview of the global uranium market, predicting further price rises:

http://321energy.com//editorials/goldletter/goldletter052005.html

Very quiet today, not a single trade. Hopeing for a good rewrite of that artical by ShareMag this week. Lets hope they have got there facts right this time.

Hi Judkay, post 806 is very reassuring. Thanksfor sharing that with us. The news that we will be getting exciting news very shortly is inline with what I received from the company aswell. Fingers up, cheers GF.

Another quiet day again. should be getting news anyday now. I have emailed the company to see if I cannot get a more definite date for the next RNS, and also any information on the progress Guadalcazar.

Will let you know if I get anything.

Cheers SYD.

GF.

I had a small topup this morning, not much but it all adds up.

wilbs

Yipee, up she goes.

cheers GF.

We can probably expect a tick up on thursday when shares mag prints their retraction.

People who belive in SEO stick with them, anyone else bog off to the other thread!!
Wheres eric & dynamite?
This thread is now a joke and is on par with the ADVFN crap.
All true SEO holders, stick with it and good luck.

wilbs

May 24, 2005 11:00 AM US Eastern Timezone

Stanelco Signs First Commercial Agreement for GREENSEAL Technology with ASDA Supplier in United Kingdom

SOUTHAMPTON, United Kingdom--(BUSINESS WIRE)--May 24, 2005--Radio frequency applications group Stanelco PLC (LSE:SEO.L) has confirmed that the company has entered its first formal commercial agreement to convert packaging machinery using traditional methodology to a unique Stanelco packaging application that uses radio frequency (RF) technology to seal packages. The agreement is with a packaging supplier to British value retailer ASDA, a wholly owned subsidiary of Wal-Mart that operates 265 stores in the United Kingdom.


The agreement involves the conversion of a Mondini tray-lidding machine belonging to an ASDA supplier to Stanelco's GREENSEAL(TM), a revolutionary new packaging application that utilizes RF to create the tightest, most efficient seal now available for packaging food and retail goods. The agreement was concluded after extensive trials confirmed the capability of Stanelco's RF packaging technology. Trials are continuing with other selected ASDA suppliers.

Stephanie Morgan-Fisher, Director of Stanelco's North American Operations said, "The UK conversion marks the beginning of a revolution in packaging. This is the first machine of ASDA's 200-machine commitment in the United Kingdom. We are aggressively marketing this technology in North America simultaneously and expect to announce our first agreement for conversions in the United States and Canada in the near future."

The identification of the supplier was not announced for reasons of confidentiality, but Stanelco CEO Ian Balchin indicated the size of the supplier and the longevity of their relationship as a provider of packaging services with ASDA was "substantial."

Stanelco's RF packaging technology will provide a number of benefits for both ASDA and the consumer, including:

-- Increased sales

-- Reduced waste

-- Longer shelf life

-- Cost reductions on packaging materials

-- Energy and labor savings

-- Extensive environmental benefits

"This announcement takes Stanelco to the next stage of maturity as a business as our technology enters full scale production. We are very excited by the success of the trials, as are both ASDA and the supplier. The commercialization of the technology is being adopted at an unusually fast pace," said Staneclo CEO Ian Balchin.

Tony Ruane, Technical Manager of the Meal Solutions division of ASDA, observed, "With food safety being increasingly high on everybody's agenda, RF presents the answers to many problems being experienced with current packaging technology. ASDA and our selected suppliers have been very excited with the possibilities that RF has to offer. The supplier has recognized the capabilities and benefits of RF tray-lidding for ASDA, themselves and more importantly, the customer."

Stanelco is already moving ahead to market its GREENSEAL packaging technology to leading U.S. grocers and retailers, including Wal-Mart. Stanelco recently opened a North American office in Orlando, Fla., to undertake international sales and implementation efforts for marketing their unique packaging applications.

Stanelco PLC, headquartered in Southampton, England, was founded in 1953. Stanelco is engaged in the commercialization of new applications, innovations, products and processes based on radio frequency (RF) technologies. More information: http://www.Stanelco.co.uk.


Whoops, sorry, wrong thread!!!!!

wilbs