Copper would probably need to stay above $6 US for at least 3 years (if not more), with $6 US becoming the new absolute floor for the next decades before this is even considered.

Do we know as a fact that Ernesto isn't prepared to wait another three-four years to probably quadruple  his take?   A recent report suggested that by 2025, copper could be at $20,000 US a metric ton which translates to $9 US per lb!   

IMO, Ernesto doesn't give a damn that we are frustrated and impatient.  I'll bet he sees enormous gains ahead to be had for simply extending the decades-long wait just another 30% in order to quadruple his payday.

Someone please prove this wrong!