Don't get too exited. It's most likely a hoax. Here's the text that was originally posted:
She will take director duties again with a project called "The Best So Far", an indie production starring Ellen Page, about a small town canadian girl (Page) who is dedicated to Judo and dreams about participating on the 1988 Olympics. The film will focus not only on Page's character, but also on her ultimate rival, a Judo champion whom Page gets to face on the Judo match finals and be defeated by. Although rivals, both girls get to understand, during their intense fight, how they are similar, in spite of their differences. As of september, 2010, Jennifer Connelly expressed interest in playing the character of Page's rival. The film is being described as a "female version of Rocky", in the sense that Ellen Page's character does get an awful beating, but refuses to give up, taking the match through its whole grueling ten minutes, and thus gains self-respect. Besides Connelly and Page, veteran canadian actor William Hope is cast as Page's father. The picture is to be produced by Fortissimo Pictures and expect to be shot sometime in the fall of 2011.
The author basically gives away the ending saying Ellen's character will be defeated in the final fight

Isn't this a bit suspicious and illogical? Also if this is a real thing, serious sites like Variety or The Hollywood Reporter would have reported anything about it meanwhile, wouldn't they?!
[Update] UPDATE
I've done some further research and found that the information was added by an user from Brazil. Not very trustworthy, if you ask me
