Saarvith--

  Take great care with the enclosed phylactery. I need not
  explain to you what the Ghostlord would do if he knew where I
  had sent his little bauble for safekeeping.
  Hide it somewhere safe--perhaps it could be trusted to your
  dragon friend's keeping? Keep it hidden until Rethmar is
  taken. Should it fall into the hands of someone who could
  return it to its owner, the consequences for our effort could
  be dire indeed.

                                                   --Ulwai