Quote:
Originally Posted by Inziladun
Balin had gone to Moria in the hope of finding the Last of the Seven, taking along a good portion of Dáin's people.
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One note at least to this: as for somebody wondering why did Balin go to Moria in search for the Ring, Balin was among the last who have seen Thráin alive, he was with him when he disappeared from the camp. And so, he of all people was probably prone to believe, even if others would have told him that he's not going to find any ring in Moria (of course, it'll be a difference, Gandalf never told him personally, though who knows if he would believe even then...) - because "Come on, I was there personally with Thráin until his last moments, I haven't seen that he would have had any Ring!"