Last chance to buy ABY at discount prices. We'll see ABY at 70...

Last chance to buy ABY at discount prices. We'll see ABY at 70 to 80 cents in the next few weeks. Copper price expected to be US$2.40/lb by mid June and tonight it is a record high for 2009 and heading higher.

Copper June 01,07:14
Bid/Ask 2.2450 - 2.2495
Change +0.0739 +3.41%
Low/High 2.1665 - 2.2595


* Shanghai copper surged up 5.7% in early Asian trading, after the National Holiday last Friday, with speculative buying encouraged by a weaker US dollar and rising oil prices.
* Traders expect Shanghai copper to play catch up to LME copper with LME set to rise further.
* China accounted for almost 40% of world copper demand in Q1 with refined imports in April of 317,947t, up more than 50% y-o-y