From Leachlainn Odell odell@unipv.it

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Bilbo! He had forgotten or had never heard about dragons sense of smell.
It is also an awkward fact that they keep half an eye open watching
while they sleep, if they are suspicious. Smaug certainly looked fast
asleep, almost dead and dark, with scarcely a snore more than a whiff of
unseen steam, when Bilbo peeped once more from the entrance. He was just
about to step out on to the floor when he caught a sudden thin and