
after escaping, on the eastern slopes of the Misty Mountains
Bilbo Rejoins the Company
Bilbo, still invisible, overhears the dwarves and Gandalf debating whether to rescue him. He reveals himself, surprising them. He tells his story but omits the ring. The dwarves' respect for him grows. Gandalf explains the goblins' new entrance and their escape route. This event solidifies Bilbo's place in the company.