It never rains, but it pours

Some worrying news out from Rio2 (TSX-V:RIO) - the company we wrote up last week - today, and I’m sorry to say the stock is down.

The Chilean Environmental Assessment Service (SEA) has published a report with the recommending that the Fenix Gold (Rio2’s flagship project) Environmental Impact Assessment (EIA) be rejected.

This does not mean the Fenix proj…