Two stars for fairly competent cinematography. Good composition and good camera movement without glitzy focus-racking thru the forest.
Malkovich and Deneuve are there only for their names. The real acting takes place with the Porteguese? actors. And they struggle with the pretentious dialog.
The two worst offenses are committed by the director who explains the characters and their actions thru narration ( or awkward scenes with minor actors describing the main characters by using some vaguely occult terminology) rather than showing their characters and motivations thru their actions and their own dialog. It is a movie, after all, not an essay. Second offense is the music, which is overwhelming at times. Using Stravinsky with violent string passages to imply evil, danger, foreboding etc could work, but it didn't for this production. Just loud and annoying without any real matching action.
It reminded me greatly of a university master's thesis film I worked on 37 years ago--(fortunately not mine). Lots of fantasy, lots of literary allusions, lots of mood, pointless scenery long shots, more than a few long takes that the director fell in love with and the editor was not inclined (or allowed) to abbreviate, and some really over-the-top acting moments (as when Baltar meets the prof's wife for the first time). Down, boy, down! I rented it because I am trying to catch up on some Deneuve films that I missed over the years, but I'm sorry I did. She must have really needed some money to have done this one.