Vane Minerals Share Chat (VML)

Primed for a takeover at this SP... 3p anyone.?

Iv got myself a decent Holding in Vane confident we will get some good news shortly - hopefully regarding the diamond Drig pulled into Action.. News expected : End of this Month/ early August anyone.?

nice rise,famouse last words..gla..

TradeTech is reporting a spot market uranium price of $50.75 per pound, with no change from the previous period. Japan's approval of the restart of units 3 and 4 at Kansai Electric's Ohi nuclear power plant has infused some optimism into the industry, but the announcement has not yet resulted in higher spot market prices or transaction volumes.

It is expected that unit 3 will recommence operations on July 4 "at the earliest," reaching full nuclear power generation by July 8. Unit 4 will follow slightly behind, beginning generation on July 20 and reaching full power by July 24.

Denison Mines (TSX:DML,AMEX:DNN) has delayed the development of its planned uranium mine in Zambia until uranium prices rise above $65 per pound. The company expects uranium prices to start improving by late 2013, when the termination of the Megatons to Megawatts nuclear warhead program is likely to result in a supply deficit.
http://www.u3o8.biz/s/MarketCommentary.asp?ReportID=534666&_Type=Market-Commentary&_Title=Uranium-prices-await-Japan

Seems that way for Biffus at last imho

movement?...

That's what i was thinking re time frames of drilling, i.e they're buying now knowing how good the results will be based on what they've already found. Fingers crossed anyway. I especially liked the bit about it making us rich and allowing us to retied :)

yes by which time we should be ready for a drilling update for the McGhee peak mineralisation.

Hopefully that will prove to be a huge deposit and we can all retire ;)

GL

Now that he bought some, does that mean VML can't realise price sensitive info for 30 days or am i completely wrong?

It certainly does. Nice to see the BoD have faith

£6.5k of his own money, every little helps