Tiny Epic Dinosaurs

Can I use the special ability listed on the Unique Dinosaur's Research Card, when the Unique Dinosaur is in my Holding Area or if it is escaping?

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No
When you gain a Unique Dinosaur, you must first place it into your Holding Area. You do not have its special ability, until you place it into your Ranch. You also lose the special ability, when the Dinosaur is escaping, or if you discard the Dinosaur to fulfil a Contract Card.
Related Rule(s)