James Cameron recently confirmed that Avatar 2 will most likely not be ready until at least 2015... This is somewhat depressing, being that that's still another three years away. Apparently, he is also still in the process of working on the script, which means that whatever Sigourney Weaver was "quoted" as saying about filming for three sequels back-to-back-to-back in fall of 2012 was probably false... This is very disappointing... Anyways, if you want to read more, see it all for yourselves here:

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