INVESTMENTS

6 Months Ended

Jun. 30, 2020

INVESTMENTS

INVESTMENTS

NOTE 6 INVESTMENTS

The following is a summary of the activity in investments for the six months ended June 30, 2020 and 2019:

	As at		Additions/				Disposals/		Unrealized		Fair value
	December 31,		transfers during		Net (loss) on		transfers during		(loss) on		June 30,
	2019		period		securities sold		period		securities held		2020
Marketable equity securities	$	1,885	$	—	$	(619)	$	(1,266)	$	—	$	—

	As at		Additions/		Net gain		Disposals/		Unrealized		Fair value
	December 31,		transfers during		(loss) on		transfers during		gain on		June 30,
	2018		period		securities sold		period		securities held		2019
Marketable equity securities	$	2,718	$	264	$	—	$	—	$	1,372	$	4,354
Warrants		413		—		—		—		380		793
Investments	$	3,131	$	264	$	—	$	—	$	1,752	$	5,147

During the six months ended June 30, 2020, the Company sold marketable equity securities for proceeds of $1.3 million (six months ended June 30,2019 - $nil), and realized a loss of $0.6 million (six months ended June 30, 2019 - $nil).

During the three months ended June 30, 2020, the Company sold marketable equity securities for proceeds of $1.2 million (three months ended June 30, 2019 - $nil) and realized loss of  $0.6 million (three months ended June 30, 2019 – $nil)

The cost of marketable equity securities at June 30, 2020 was $nil (December 31, 2019 – $1.3 million).