[Python] Errno 111 Connection refused with a very basic password reset

Novice to django here, currently trying to implement a password recovery using the admin password_reset function but I'm getting an error. From what I've read about other people with similar problems its some kind of port/socket issue, but I'm not quite sure how to go about changing or fixing it. I should mention that I'm running this through a virtual ubuntu, not sure if that has anything to do with it.

Environment:

Request Method: POST
Request URL: http://127.0.0.1:8000/admin/password_reset/
Django Version: 1.1.4
Python Version: 2.6.6
Installed Applications:
['django.contrib.auth',
'django.contrib.contenttypes',
'django.contrib.sessions',
'django.contrib.sites',
'homework.events',
'django.contrib.admin']
Installed Middleware:
('django.middleware.common.CommonMiddleware',
'django.contrib.sessions.middleware.SessionMiddleware',
'django.contrib.auth.middleware.AuthenticationMiddleware')


Traceback:
File "/usr/local/lib/python2.6/dist-packages/django/core/handlers/base.py" in get_response
99. response = callback(request, *callback_args, **callback_kwargs)
File "/usr/local/lib/python2.6/dist-packages/django/contrib/auth/views.py" in password_reset
116. form.save(**opts)
File "/usr/local/lib/python2.6/dist-packages/django/contrib/auth/forms.py" in save
136. t.render(Context(c)), None, [user.email])
File "/usr/local/lib/python2.6/dist-packages/django/core/mail.py" in send_mail
407. connection=connection).send()
File "/usr/local/lib/python2.6/dist-packages/django/core/mail.py" in send
281. return self.get_connection(fail_silently).send_messages([self])
File "/usr/local/lib/python2.6/dist-packages/django/core/mail.py" in send_messages
179. new_conn_created = self.open()
File "/usr/local/lib/python2.6/dist-packages/django/core/mail.py" in open
144. local_hostname=DNS_NAME.get_fqdn())
File "/usr/lib/python2.6/smtplib.py" in __init__
239. (code, msg) = self.connect(host, port)
File "/usr/lib/python2.6/smtplib.py" in connect
295. self.sock = self._get_socket(host, port, self.timeout)
File "/usr/lib/python2.6/smtplib.py" in _get_socket
273. return socket.create_connection((port, host), timeout)
File "/usr/lib/python2.6/socket.py" in create_connection
561. raise error, msg

Exception Type: error at /admin/password_reset/
Exception Value: [Errno 111] Connection refused


I know I have to (probably) change something with the ports, just not sure how to do so to fix the error. Also, I apologise for the poor editing of the code. Thanks in advance.

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