Director Guillermo del Toro hasn't given up hope on the big-budget At the Mountains of Madness movie he was working on for Universal Pictures. Although he's since moved on to another project, he still has his sights set on the H.P. Lovecraft project.
According to the L.A. Times:
"I’m not giving up," the Oscar winner said, speaking by phone recently from Canada where he’s readying his next directorial effort, the creature feature Pacific Rim. "‘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."He also said there's a chance he could start working on it immediately after Pacific Rim.
“I’m going to keep pursuing it,” he said. “Universal is still really interested in doing it. Coming out of ‘Pacific Rim,’ I intend to see if we can do it immediately. “I knew ‘Mountains’ was a long shot,” he added. “In fact, it was a miracle we got that close to production.”(from the L.A. Times)
P.S. If you're wondering, the awesome At the Mountains of Madness poster above is from 8 fan-made posters for Guillermo del Toro's "At the Mountains of Madness" movie.