Marketable Securities

6 Months Ended

Jun. 30, 2023

Marketable Securities

Marketable Securities

Note 4 – Marketable Securities

The Company owns marketable securities (common stock) as outlined below:

Balance, December 31, 2022	$	372,972
Fair value adjustment		(151,448	)
Disposals		(9,277	)
Balance, June 30, 2023	$	212,247

The Company classifies it’s marketable securities as available for sale.

During the year ended December 31, 2022, the Company received 7,050,000 common shares from a related party with a value of $126,697 related to the option of the Fish Lake Property.

During the three and six months ended June 30, 2023, the Company disposed marketable securities with a cost of $9,277 for proceeds of $15,083 resulting in a gain of $5,805.