upwards and onwards, page-82

"...Morgan Stanley said copper is “our sole pick in this complex,” forecasting an average price of $8,600 a metric ton. While supply is expected to grow, global inventories are starting from a low base. “We are becoming increasingly positive on the outlook for copper’s key end-use sectors in 2013, especially in China,” Morgan Stanley said...."

http://www.kitco.com/reports/KitcoNews20121206AS.html

I know we are over a year away from production but nice to see all the forecasts have copper in tight supply for some time to come.