read this, page-27

We should see a breakout above 0.70cents soon. ABY is too cheap with Copper prices above US$2.50/lb

Copper for September delivery HGU9 closed up 8.65 cents,
or 3.5 percent, at $2.5640 a lb on the New York Mercantile
Exchange's COMEX division. The session high was $2.5750 --
almost near the 10-month peak achieved on July 27. Copper for three-month delivery MCU3 on the London
Metal Exchange hit a session high of $5,640 a tonne and closed at $5,601, up $186. It hit a 10-month high of $5,646 earlier in the week.

Copper July 30,14:15
Bid/Ask 2.5441 - 2.5487
Change +0.0023 +0.09%
Low/High 2.5396 - 2.5487