After falling off the cliff, copper is looking bullish in recent weeks, and it should. Easy money usually pushes up commodity prices, even if that may show as a delayed response (as may be the present situation).

Also, and quite unnoticed by most analysts, is the fact that dramtically lower energy costs will push up returns for mining companies, given that such cost can often be 25-35 percent of operating expenses. This very positive event will be showing in mining company quarterly reports quite soon, and I think will cause strong moves to the upside among producers, and to explorers soon after.

...just a "for what it's worth" while we wait on progress reports from LBSR (both on NPSP and HMSP).

http://finance.yahoo.com/echarts?s=COPX+Interactive#{%22range%22%3A%223mo%22%2C%22lineType%22%3A%22combo%22%2C%22scale%22%3A%22linear%22}

http://finance.yahoo.com/news/doc-copper-etfs-try-healthy-123053108.html