Note 5 - Investments

12 Months Ended

Dec. 31, 2020

Statement Line Items [Line Items]

Disclosure of investments other than investments accounted for using equity method [text block]

5. INVESTMENTS

The Company holds investments as follows for the years ended

December 31, 2020

and

2019:

		December 31,			December 31,
		2020			2019
Equity securities, beginning of year	$	1,408		$	1,742
Disposition of equity securities at fair value		(3,950	)		-
Unrealized gain (loss) for the year		14,493			(334	)
Equity securities, end of year	$	11,951		$	1,408

During the year ended

December 31, 2020,

the Company disposed of certain equity securities held as investments. The proceeds on disposition were

$3,950

of which

$45

settled subsequent to the year end. In addition, the Company recognized a gain on disposal of

$1,137

(net of

$177

tax) which was transferred from other comprehensive income (loss) to deficit. During the year ended

December 31, 2020,

the Company recorded an unrealized gain of

$14,493

(

December 31, 2019:

$334

unrealized loss) on its investment in equity securities designated as FVTOCI instruments. A deferred tax liability related to this unrealized gain in

2020

in the amount of

$1,713

was also recorded.