Del Toro's "At the Mountains of Madness" Charging Ahead?

According to Latino Review, who received an anonymous tip, director Guillermo del Toro will follow Hellboy 2: The Golden Army with his long-in-gestation adaptation of H.P. Lovecraft's At the Mountains of Madness. LR's source also said Universal was putting up the backing for the film, along with Angry Films (Shoot 'Em Up). In Lovecraft's novella, which debuted as a three-part serial in the pulp magazine Astounding Stories, a scientific expedition to Antartica discovers an ancient city of gods and monsters. Del Toro spoke about his adaptation at San Diego Comic-Con International in 2006, saying that if you were to look at the pre-production designs, "you would cry ... and then jerk off in a corner." No word yet if the film will be able to get off the ground before the looming strikes by the Writers Guild of America, the Screen Actor's Guild, and the Directors Guild of America.