Moto waits for Red Back to make a competing bid

While most analysts already agreed that Randgold Resource's (GOLD-Q, RRS-L) $546-million cash and share offer for Moto Goldmines (MGL-T, MTOGF-O) surpassed an earlier bid by Red Back Mining (MGL0T, MTOGF-O), it's now official.Moto today announced that it views Randgold's deal...

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