Earlier this year, it was revealed that writer-director Guillermo del Toro’s adaptation of the H.P. Lovecraft novel At The Mountains Of Madness had not received a greenlight from Universal Studios. Apparently, between the bloated budget and a hard "R" rating, the studio deemed the movie as too risky of an investment. However, Del Toro is still determined to get the film off the ground one day, according to Los Angeles Times.

“I’m not giving up,” says del Toro. “Mountains Of Madness has been with me for 13, 14 years and I really don’t want to give up on it. Look, the movies I do, I stick with them when I think, well, if I don’t do it, nobody will... Hellboy, if I hadn’t done it, I don’t think anyone would have. Pan’s Labyrinth, same thing. Mountains Of Madness, the way I plan to do it is a very peculiar take, and I think if I don’t stick with it the version I would like to see would never get made.”

In the meantime, Del Toro has a full schedule starting with the alien invasion movie Pacific Rim, set to come out in 2013, as well as a television adaptation of the Incredible Hulk that's currently in the works.

[Via Hero Complex