http://www.cityequities.com/en/Small-Cap-Weekly-Review/scr-Issue-36.html
Small Cap Weekly Review 036
Friday 20 May 2011
Vane Minerals (VML) Buy
(18 May) The Company announced a revised inferred (a specific section of the JORC code) resource for the Wate breccia (rock type) pipe project, held by its wholly-owned subsidiary, VANE Minerals (US) LLC. The inferred resource consists of 1.118M (million) lbs eU(3) O(8) (uranium oxide) contained in 71,000 tonnes averaging 0.79% eU(3) O(8). The Company looks to develop the Wate pipe and explore other breccias targets over the course of the year.
A break from this level should see a good rise. Can only get max 50K online. If the Times article is correct then expect an excellent return from this level. GLA