Three Canada Stocks Whose Volume Surged On Bullish Signals: $IVN $WM $LBI

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Ivanhoe Mines secures partnership deal with China Nonferrous Metal Mining Co.

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Ivanhoe Mines Ltd. (TSX:IVN) surged by 1.47% during the latest trading session on a volume of 3.47 million shares as investors expect bullish performance following key partnership.
Canadian mining company Ivanhoe Mines announced on Tuesday last week that it entered into a partnership agreement with China Nonferrous Metal Mining Co. The partnership between the two companies represents a strategic deal that will facilitate joint mining operations in Africa. Two of the company's executives pointed out that the two companies will be actively involved in production, smelting, even opportunities in logistics in the Democratic Republic of Congo.

There has also been talks of a potential merger between the two companies. Wang Tongzhou, the chairman of CNMC believes that working together it's the best approach that Ivanhoe and CNMC can use to achieve their goals.

Wallbridge Mining Company releases update on Fenelon Gold Project

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Wallbridge Mining Company Ltd. (TSX:WM) enjoyed a 3.88% surge in its stock price on a volume of 2.11 Million shares as invesors lean towards a bullish outlook.

Wallbridge recently released its latest update on the Fenelon Gold project. The company revealed that it finalized the initial metallurgical testing phase of the project at Area 51 and Tabasco zones. The data revealed that the company can achieve as much as 99.1% gold recovery through proven and conventional methods.

The latest metallurgical testing efforts conducted by SGS sought to determine gold recovery through different grind sizes, as well as processing technologies at the two zones. The high-grade and low-grade samples collected from the two zones were subjected to gravity amenability to gravity separation testing and also to cyanidation through various conditions and grind sizes.

Lions Bay Capital talks increased market value and other business updates

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Lions Bay Capital Inc. (TSX:LBI) enjoyed a strong bullish performance during the latest trading session with the stock rallying by 50.00% on a volume of 1.75 million shares.

Lions Bay Capital revealed in its latest report that its listed portfolio market value gained to $6.0 million as of August 31, 2020, from $3.4 million as of May 3, 2020. This highlights the company's improving performance. The ompany also revealed that it had $1.7 million in liabilities and $100,292 BY August 31. 2020. The company's investments which are mostly major resource projects are doing well and most of the investors have placed high leverage on small stock price gains.

Lions Bay Capital currently holds investments in five listed companies and it is still looking to expand its portfolio. The listed investments include:

Parkway Minerals ltd- This company is listed on the Australian Securities Exchange. It has its own proprietary water and brine processing technology that is used for mineral recovery from streams with low environmental cost impact. The company is currently developing a pilot facility in partnership with Australian Engineering Group to showcase the commercial viability of the technology. The company expects the facility to be operational in Q4 2020. Kalina Power Ltd.- Also listed on the SDX with the ticker KPO holds global rights to high energy efficiency technology. The company recently out a plan to construct ten power plants in Alberta and each plant will have a 30 megawatt output. It also signed an agreement with Enerflex for modularization design and building design of the cycle plants. It also struck an agreement with Akira Partners which will provide as much as $70 million to fund the projects. Elementos Ltd.- It is listed with the ticker ELT on the ASX. It deals with tin development and it recently raised $2.5 million in equity to fund the development of Spain's Oropesa project. The company plans to launch drilling on the project within the next few weeks. Davenport Resources LTD. - It is listed as DAV on the Australian Securities Exchange and its portfolio includes developing and assembling brownfield potash projects in Germany. The projects have demonstrated significant economic strength. 10 million of its shares are owned by Lions Bay. Fidelity Minerals Corp- It is listed on the TSXV with the ticker FMN and it has a portfolio of advanced explorations located in Peru. This includes the Las Brujas and Las Huaquillas which have so far demonstrated favorable results. Lions Bay owns 17.9 million shares of Fidelity and 10.8 million warrants.

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