Yeah, it's fun to watch the copper market, and while the immediate pressures on copper may be positive, the market is overblown and past due for at least a cooling off period.  That said, supply and demand fundamentals for two-to-three years into the future are relatively in balance.  Thereafter is the period during which shortages are forecast based on current information.

This is not to say that the price of copper will not improve leading up to that time, but that the short-to-intermediate term prospects are much better for zinc, lead, silver, and other metals.  

Also, given Hay Mountain is a copper-gold-moly prospect, gold and moly prices may soon be rising faster than copper.  Curiously, and as zinc has rocketed to a 10-year high recently, we may see it replace one of the three other metals that presently describe the Hay Mountain prospect.