Lawrence has figured out the truth behind the silver scheme, and how to profit from it, but in doing so he has made some dangerous enemies. Meanwhile, Holo and Lawrence discuss his grand plans for the future.

Holo and Lawrence are trapped in the tunnels below the city, with hunters searching for them in all directions. When danger comes, how far will they go to protect each other?

Our travelers encounter a shepherd along the road. Can the Wise Wolf hold back against an enemy of wolves long enough for Lawrence to build more contacts?

Lawrence is ready to sell the armor for a great profit and Holo wants her peaches. But when things don't go to plan, will either get what they want?

Nora leads the way into the dangerous woods, and so their risky plan commences. What dangers truly lurk in the woods? Are a brave shepherd and a Wise Wolf strong enough to overcome what lies ahead?

Betrayed and left for dead, Lawrence waits for Holo's return. Holo is no weak wolf to run off with her tail between her legs, and Lawrence the merchant won't lose his profit either. But will a wolf be willing to save a shepherd?

Holo, Lawrence, and Nora sit down for a much deserved meal, but Holo's not her usual self. Holo remembers the past and contemplates the future...

Lawrence and Holo continue their long journey north, reaching the town of Kumerson, where they see the first northern pagans of their journey.

Lawrence seeks help from Mr. Batos to acquire pyrite from the alchemists. When he speaks with Diana, she makes him an offer...

Meeting with Elsa in the church, Lawrence and Holo are able to learn the truth about Father Franz's studies as Elsa reveals a hidden secret of the church, and the true location of the Abbey.