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My Monthly Comp pick, so the mandatory post to justify my choice, lol ...... 

I've dabbled in "dodgy" Specs for a long time now and have made some good moolah and lost some good moolah.

This little battler has the potential to make you wealthy ... or break your heart! (currently I am looking for a discounted de-fib machine!)

PRS:   Great REE resource results achieved at a massive discount to normal, but the market has not cottoned on as yet. (IMO)

Recent Cap Raise may be the catalyst with Canacord taking up the Shortfall Shares + a 5% Fee .... plus a 2% stake in the soon to be outdated PRSOA Options.

This current circumstance could either crucify or amplify PRS ...

Why? ... Because Canacord will firstly NOT want to lose cash on their Shortfall Shares ...

And with a stake in the PRSOA Options (at essentially no cost), they have the opportunity to trade the Stock up and put the Options back in the money. (and thereby make a lot of Moolah for themselves)

Essentially, this should be a walk in the park, because the Stock is so illiquid, $20K invested on market could see it jump 30% overnight 

The million dollar question is ... Will Canacord "push" the SP as I expect?

I have punted accordingly and will wear it either way but given the potential of what looks a substantial REE resource, Id say my punt is justified.

Baked beans or t-bone steak ... That is the question.