copper price disconnect?

Hi guys,

Anyone else concerned that there appears to be a disconnect occurring between the price of copper and stockpile levels?

In the last 60 days the poc has gone from $2.25 to $2.95, and stockpiles have increased from 260,000lb to 310,000lb.

I know there are a lot of factors at play, but seems to me that we must reach a point soon when the two factors start to align a bit more closely again?

I'm out, as of yesterday, which means PNA will undoubtedly surge to 55c now! Concerned about the above, and also happy to sit on the sidelines until the market pulls back some and a new buying opportunity presents.