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Cross Lake Minerals Ltd Reports Results From Diamond Drilling Program.

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M2 PRESSWIRE-19 July 2007-bellwetherreport.com: Cross Lake Minerals Ltd Reports Results From Diamond Drilling Program(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:19072007

Cross Lake Minerals Ltd. (TSX:CRN) latest new release justified a meticulous investigation from the Bellwetherreport.com's equity research team of which the full report can be accessed on our investor-orientated website, www.bellwetherreport.com. On Tuesday 17th July, the company closed up at $0.62 with a trading volume of 69,970. With the Dow's latest achievement creating a questionable phase by juggling with speculation and actual facts, investors still have to deal with thorny topics such as the increasing gas prices that could wrinkle consumer spending. Whilst investor sentiment is rejoicing over enduring takeover deals, analysts are treading softly as they know too well that a slight decline in the rate of corporate acquisition could summon the bears into the open market. Another factor keeping these financially-versed gentlemen on a defensive stance would be the dwindling subprime loans. As investors digest Tuesday's positive and negative market feedbacks, Cross Lake Minerals Ltd. are amongst the pool of potential candidates we will be scrutinizing.

Cross Lake Minerals Ltd. ("Cross Lake") announced results from seven additional drill holes from the diamond drilling program on the Porcher Island Property (the "Property"), which is located in the Skeena Mining Division, 35 kilometers south-southwest of Prince Rupert, British Columbia.

Tuesday's market news evolved mainly around the Dow Jones Industrials, one of the market most followed indicator, as it continues to progress stubbornly to a new dimension. The Dow crossed into new-found-land within the hour of Tuesday's opening bell, boasting to have progressed from the 13,000 benchmark to 14,000 in no less than 57 trading...