The rise is too rapid, even if Dongda is hoarding. It's still hoarding at the copper price and hasn't changed the fundamentals. It's just that Southern Copper is shipping, and they're still selling at this price. The orders were already backlogged for years, and now it's just a matter of adding another year or two at most. The current increase is more due to news rather than value, as the demand was already established. Now, it's just the news confirming this point. Against this backdrop, leveraging 1.3~1.4, some short-term calls can be cleared first. The extreme value is still in the 1.5~2 range.

The above is my personal take on $Southern Copper(SCCO.US);

For the main stock and those beyond three months, there's no need to worry. Just replenish on the pullback. At the current price, I plan to see if I can replenish the tens of thousands of dollars I cashed out at 220 yesterday:

$Liberty Energy(LBRT.US); Needless to say, capital has already given its approval, believing the stock price can reach 35 in the near term and around 52 within the year. It's inherently a resource stock related to oil and gas, plus the power network, meaning the concept of self-generated power for data centers, along with some recent moves. There should be some explosive points coming up.

$Albemarle(ALB.US); From the perspective of the entire infrastructure demand structure, copper and lithium have a symbiotic relationship. Of course, in another year or two, lithium's ecosystem might start to show issues, but at least this year's main theme is that if the two diverge too much, you can go long on the other.