'I understand you're an adventurer, Stip? Have your travels ever taken you to Rivendell?
'Ha! You look at me with such surprise! I understand your dismay, but do not fear! Yes, the Last Homely House is far to the east, beyond the Lone-lands and within the wilderness of the Trollshaws, but I will tell you this and true: you can make the journey. It will be dangerous, and you will need to stay alert, but I believe that you too can find your way to the House of Elrond. Stay to the road wherever possible, and do not travel by night!
'If you push yourself to the limit and do find your way to the House of Elrond in Rivendell, look for Aragorn, my chieftain -- tell him that Ferrod hopes he will return before long to Annúminas. It has been many years since he was here, I have heard it said.'
Ferrod has asked you to make the dangerous journey to Rivendell to speak with Aragorn.
Aragorn is at the Last Homely House in Rivendell, far to the east within the Trollshaws.
Ferrod has asked you to speak with Aragorn in the House of Elrond, telling you that with dedication, sticking to the roads, and travelling only by day, you can safely reach Rivendell.
This quest is really designed to get you started on the A Momentous Decision - which starts the reforging of the sword of Narsil.