Guessing Guillermo del Toro's next film is always a fascinating study. The Mexican auteur, best known for such films as "Pan's Labyrinth," "Hell Boy" and "Pacific Rim," has faced many difficult situations with past projects.

Despite that, there is always the knowledge that come what may, Del Toro will always have a next project thanks to his immense talent.

And now it seems that that next project is coming quickly in the form of the "Fantastic Voyage" remake. According to "The Hollywood Reporter," the filmmaker is teaming up with James Cameron and 20th Century Fox to collaborate on the project.

Other people involved in the "Fantastic Voyage" remake include David Goyer, the writer of the Christopher Nolan "Batman" movies; Goyer will also serve as an executive producer on the project.

Jon Landau, Cameron's go-to producer, is also involved with the project alongside Rae Sanchini. Matt Reilly is the one in charge of the production from 20th Century Fox's perspective.

There is currently no release date for "Fantastic Voyage.

"Fantastic Voyage" was originally released in 1966 and was directed by Richard Fleischer. The movie is a major classic that tells the story of a scientist that has developed a means of shrinking people for a short time. When he develops a brain clot in his brain, his very invention will be used to save him. Meanwhile a murder mystery develops among the group in charge of the mission to remove the clot.

Del Toro's tremendous sense of fantasy is perfectly aligned with a remake of this film, while his prevailing theme of humans as the ultimate monsters also fits into the original film's motifs.

The reunion with Cameron is fitting with Del Toro as the two had worked together to bring to life "Mountains of Madness," a project that never came into fruition.

  Aside from "Mountains of Madness," Del Toro's other unfulfilled projects include the third installment of the "Hell Boy" trilogy. He completed the first two films with "Hell Boy: The Golden Army" being released in 2008. Unfortunately that film did not make the $100 million benchmark at the box office and was ultimately abandoned by the studios. Del Toro has expressed interested in completing the series, but has found no interest thus far.

The filmmaker is also undergoing a similar situation with the sequel to his 2013 film "Pacific Rim." The monster-robot movie obtained a cult following though its domestic box office was not among the most impressive. Del Toro has reportedly submitted a script and budget, but the film remains stalled.

Del Toro was also slated to direct the two Hobbit films, but eventually stepped away, leaving Peter Jackson with the reigns of what eventually became a trilogy.

He also previously involved in a "Silent Hill" project though that also did not come to fruition. There is still a suggestion however that the director could work with Hideo Kojima, one of the best video game directors in the business.