For years there have been rumors floating around that Stephen Spielberg, Richard Donner and the cast of the original "Goonies" all wanted to come back to come back and make a sequel. Gossip floating around on sites like Ain't It Cool News suggested that the premise would involve a hunt for Native American loop in the Rockies or a trip back to those pirate caves in Astoria with the now grown Goonies' kids in tow.

The story goes that the only thing holding the production back was getting the suits to toss $40 million or so at the project. Sure, "The Goonies" is a cinematic classic worthy of "Citizen Kane" and it's easily the best film ever made in Oregon but to a studio risking big bucks on the sequel to an '80s kiddie flick, it doesn't look like a sure thing. In a recent interview with IGN, director Donner mentioned the likelyhood of the sequel ever getting made. Here's what he had to say:

DONNER: We tried. No, I don't think so. We tried really hard. Steven and I, we pitched a couple of things to them and, quite honestly, they weren't right. And we put it aside. If I could ever find a really good handle on a screenplay for it, I'd go pitch it again, because talking about [something] I'd want to see… It's extraordinary. But it's got to be right, or don't do it, because I couldn't believe that movie. It's done to generations of kids what it's done.

You know, I still stay in touch with these kids. Chunk's a lawyer and he's great. Cory, he's doing great. He went through some s***, but he's really pulled himself out and he's clean and married and has a baby and he's the happiest kid. They're all good, they're all great. I love that movie. That's probably my favorite process of filmmaking in my life. I've fallen in love with all those kids. I was lucky because I never had kids. I never wanted kids. I wanted dogs. If I could come up with a really great concept, I would take it to Steven. And if it was really right, he'd know it too. Maybe one day Chris Columbus will write it for us and we'll get back to the old group.

"Goonies 2" can't get made but a sequel to "Basic Instinct" staring a 3,000 year old Sharon Stone can?

Booo! Burn Hollywood, burn!