Indophil shares plunged from $1.10 a share to 63 cents a share when the Zijin news first hit. The surge in copper prices to 26-month highs of $US3.80 ($3.86) a pound has since allowed Indophil's share price to recover to 90 cents a share. The group's 37.5 per cent interest in the world-class Tampakan copper-gold project in the southern Philippines means that when copper is running and analysts predict near-term supply shortages of the red metal, Indophil is a stock that is hard to ignore.