Electrix
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Wizard caught up with David Goyer at Wizard World Chicago and asked him about Magneto, the "X-Men" spinoff he's writing and directing:
"We're scouting and budgeting now. It's the origins of the X-Men with Magneto and Charles Xavier. We've done some scouts and it mostly takes place in Europe and Argentina. We're doing budgets and we're sort of halfway crewed up, and so that'll be the big question: whether we can bring it in for a price. But that's all I can say."
http://www.superherohype.com/news/topnews.php?id=6258