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.

I would say they are purchases fliper

Thanks grey , it looks like a tight spread after all .

Vane Minerals PLC
08 May 2007

8th May 2007


VANE Minerals Plc
('the Company')

Result of EGM

The Company is pleased to announce that all resolutions proposed at the
Extraordinary General Meeting ('EGM'), held at 10am earlier today, have been
duly approved by the shareholders of the Company.

As previously announced, the EGM was convened to seek the authorities necessary
to approve the raising of 1,000,000 through the issue of a fixed rate unsecured
convertible loan note to Geiger Counter Limited, as announced on 12th April
2007. Further to this approval, Geiger Counter and City Natural Resources High
Yield Trust Plc have also undertaken to exercise their conversion rights on the
existing 750,000 loan note into ordinary shares of the Company at the agreed
price of 12p, as announced in September 2006.

A drive foward wednesday ?

or a real banana slice to clatter into some poor old codger (now late) harmlessly ambling his way up 18!

cynic , something you want to tell me about your game !

yup .... i like bananas too ... or i did until i found myself the exocet target of a vicious slice off the 1st tee!

i think this share needs to be put on amber if not red alert ...... signs do not look at all good to me ..... see my own simplistic chart on post 1797 and PTH's much more sophisticated one on post 1832.

took my own very nasty medicine (queen1 should note!) ...... have just sold out at 20 with a very nasty loss ..... but to quote myself, the bullet is better bitten and the money extracted for reinvestment elsewhere ..... anyway, serves me right for allowing my greed to sucker me back in here when i had already taken a good profit ...... stupid boy!

You may be right cynic but I'm not so overly worried here - yet! I still think the medium term holds good and a bit of consolidation around here is a good thing.

Well I'm still waiting to see whether I buy back or not...at the moment I see no indication that the drop has stopped and reversed so tick tock and all that.
Di

Seems to be unecessary panic going on here but then again short term traders will be hurting.

For the longer term investors like myself, no problems at all.

The projects will develop funded by Vanes revenues from the gold assets and a helping hand from guiger and returns will come to those patient enough to take the long route.

Well said Goldfinger.

long term or short term, the length is broadly irrelevant and a matter of degree, but the investment logic should be the same ...... IF VML had been performing or IF sp had not fallen through certain key chart levels (that's what i tend to use; others have different rules), then i would have stayed put ..... as it is, sp is looking decidedly sick for whatever reason, as it has been for a couple of weeks, and the pruning knife is best wielded sooner rather than later or hanging on in the often vain hope that all will be well soon ..... some prime examples where lack of pruning has cost investors very dear indeed are CHP, SEO, VOG, EME, JSP, ACG and so on and so on ..... i will grant that just SOMETIMES Lazarus rises from the grave!

Well Cynic...I don't think VML is in its grave...more that after such a wonderful rise followed by not so wonderful results the SP was gonna fall....now the fall could be coming to the end so I've bought a few and will watch to buy more. VML has a lot going for it which is why it rose in the first place but shares never go up in a straight line.
Di
DYOR etc

"often vain hope that all will be well soon" said cynic.

Usually buy and hold for 3 to 5 years myself cynic, a business does not flower overnight.

I accept the gamblers amongst us may take your words to heart and dump.

As for the present SP and chart levels, that means virtually nothing to an investor, as its the underlying value and assets that Im looking at.

Nothing fundamentally different to this company than there was when it was trading at 31p a few days back.

No panic from me.

Well said GF.

Long termers can look at the 200ma:

Goldfinger...I try to hold stocks for a long time but dip in and out as they go..for example PDX I bought at 36p sold at 86p bought back at 60p and sold at 140p and so on up to 220p and then at 180p on results back up to 2 something. Then I stayed out of that share until at 70p I bought back again...unfortunately I sold at 160p which was too soon and am currently out...I've been in and out for 4 years with PDX. KMR I've been in for 4 years and no selling... GFM in and out for two years and currently holding from 66p upwards.... to my mind VML is another one that I shall dip in a and out holding lots of shares when the going is definitely up and a few in uncertain times...the long term for VML is up as it stands now but you always have to be prepared to jump ship altogether.
Di
Dyor etc

Ms Di .... you and i seem to share broadly the same strategy ..... my self-imposed discipline (not panic) persuaded me to sell ...... i did not intend to imply that VML was a crap company, though certainly some of the others i listed may not even be that good! .... however, i still hold that (my) VML money can be better placed elsewhere for it is far from unlikely that 200 dma will not be tested, some 5/6p below my selling price .... at that time, or if share sentiment changes for the better in the meantime, i may well come back in

Yep your trading Di and it looks like you have traded very successfully but if you had stayed with those shares and not incurred the cost of getting out and back in and ditto and the underlying value was still there, its my guess that you would have made an even greater return holding for the long term.

Im not talking here about keeping hold of dogs.

As soon as I see a company I hold that hits bad news Im straight out, no problems, no emotion attached I just get shot. A shares not your freind.

Theres no looking back.

In this case with VML the short termers TAers will make reference and continued reference to the PRESENT SP and its collective action on the market and their chart formations.

What they are not looking at is underlying value and a live SP will not give you any indication of that. They believe the collective market is right and take appropriate action. Taken to its extremes thats why chartists where still ramping up tech stocks in Feb 2000 when their charts were telling them that stocks were a screaming buy but underlying fundies were showing anybody buying was completly insane. We know what happened in March that year.

What they fail to see is that the market is more often than not WRONG and that is why individuals can outperform time and time again.

I have nothing against short term traders and yes a small percentage (5%) can make a living out of it, the rest fall by the way side.

Anyway off my beer crate and back to VML.

Theres nothing fundies wise any different to this one than there was when it was 31p. I continue to hold with confidence.