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.

belisce6, thanks for your comments and the time you've put into this.

Cheers, Madison

Just got this in my inbox.

Vane Minerals PLC
Daily Commentary


Our system posted a WAIT today. The previous SELL recommendation that was confirmed was made on 27.05.2005 (10) days ago, when the stock price was 16.2500. Since then VML has fallen -15.38% .

It is now a market with a firm decision to try the lower end. We already have warned you before with our previous confirmed SELL signal. Anyway, we believe that you have sold your shares and even opened a short sale position.

Our WAIT tag says all that is to say. Keep on staying short or at cash until the next signal. Do not bother yourself with any further buying or selling, as long as the WAIT tag stays.

Candlestick Analysis
Todays Candlestick Patterns:

Four Price Doji




Today a Four Price Doji was formed. It represents complete and total uncertainty in the market direction.


http://www.britishbulls.com/StockPage.asp?CompanyTicker=VML&MarketTicker=RESOURCES&Typ=S

wilbs

oh dear--not too promising then!! put away and forget for a while do you think ??

Personaly I think its a load of crap!!
Im happy to hold for as long as it takes.
wilbs

Well mp, I'm not selling mine, just given up posting for a bit. Still fairly confident myself but it doesn't seem to do any good repeating the reasons for that opinion. Plenty of news to come so let's hope the rise comes soon.

Cheers, Madison

Agree wilbs. Like you we are just happy to hold and wait, just waiting for news. Regards. Paul and Di

What's this, a spontaneous Vane party breaking out after a lengthy thread silence! LOL

I could be Madison, you buying?????
wilbs

where's the party??

Madisons place.

Drinks or shares?

Considering both!

Cheers, Madison

i know what to use for napkins....

Can we have some jelly and ice cream Madison?
wilbs

Itl come back to form when we get later into the year. POG always seems to fall off in the summer.

cheers GF.

Thought i'd pop in and say hello! Not much you can do when market sentiment is against you, looks like 13p should provide some support.

I reckon 10-13p is the support level!!!
I will def top up around 11-12p DYOR

Support found IMO. All buys today.

Yesterday & today we had a sell @12.5p so you never know.... have been in and out of this share a couple of times (first time I bought, it was at 22p!)

Although does look like it's on a comeback... bid from 13.15 this morning to 13.45... maybe time to topup lets see.....

Edward, what makes you say "All buys today." ?

To me it looks more like the MMs have raised the price despite selling. (Which is sometimes more interesting!)

Cheers, Madison

OK, just taken a look over the road and I see the buy claims.

Cheers, Madison