You see a decorative ribbon.
It weighs 2.00 oz.
A hermit near Carlin might be able to tell you more about it.
Notes
This is the item needed to tame a 
Dragonling. It has a chance of breaking.
Failed:
The dragonling fled.
Failed:
The dragonling doesn't seem too impressed with your ribbon.
Broke:
Missing message
Succeeded:
The wild dragonling has accepted you as its master.
Dropped By
Trade Details
Buy From
No NPC sells this item.
Sell To
No NPC buys this item.