When Collider.com's FROSTY attended the Saturn awards earlier in the week, he got a golden opportunity to throw a few questions at CLOVERFIELD Director Matt Reeves.

When questioned about a possible sequel, Matt Reeves doesn't hold back in his response and pretty much just tells it like it is:

"It's not dead in the water, it's probably, sort of, on hold you know?"

Okay so that was his initial response when questioned, but thankfully for us it didn't take him long to elaborate:

"The thing that we sort of promised ourselves is that we only wanted to do another one if we could come up with somethings that felt as fresh to us, for us to make as that one did."

"We're still kind of toying with what it's gonna be and whether or not we're gonna find something that will be as exciting for us to make."

Fair enough as far as I can see, so they are looking at a sequel then?

"It's really in the baby, baby stages and right now it's definitely on hold."

It's quite refreshing to hear that, if a sequel does eventually surface, it'll be one that's really had time taken over it - rather than fast tracking a sequel as seems to be the Hollywood norm right now.

And although the film is currently on hold, don't lose all hope, Reeves did give the press a little more on that subject:

"As long as, you know, JJ (Abrams) and Drew (Goddard) and I come up with something that seems worth doing then I think we'll do it."

Reeves also got the opportunity to talk about his latest project, The Invisible Woman.

Don't go expecting to see Susan Storm running across the screen again just yet though, The Invisible Woman has been described as a 'Hitchcockian' woman who's drowning in suburbia and has turned to a life of crime to support her family.

Written by Reeves, the project certainly sounds interesting.

You can watch the interview in full over at Collider.com.