The Hunt for Gollum

With a tight budget of less than $5,000 and the help of numerous volunteers, a team of LotR fans under the banner of Independent Online Cinema brought to life the first of what looks like to be a series of prequels based on the Lord of the Rings franchise.
The Hunt for Gollum dramatises Aragorn and Gandalf's search for Gollum, which takes place before the events in Peter Jackson's trilogy. It is surprisingly well done! Kudos to the team of fans that brought it to life. You can watch the full film on youtube.