IPO Analysis - CODRUS MINERALS LIMITED, page-44

Even if it's a duster, I can't see the SP falling tremendously, since it's already below the IPO price and BSX owning 46% of the shares available.
It Will probably sit around 10c-13c IMO. Won't see much bloodshed here with such low liquidity and so early on, there are still three other projects should this one fail.

With speculative mining stocks, there's no point following the price action, it's all a gamble. One day you can be at a 30% loss the next day with some good news back in the green.

DYOR, not financial advice.