Forngǫrvan ák firnum
farms Gunnlaðar arma
horna fors at hrósa
hlítstyggs ok þó lítinn.
Ák at hrósa firnum fors horna hlítstyggs farms arma Gunnlaðar forngǫrvan ok þó lítinn.
I have to praise vehemently the waterfall of horns [MEAD] of the trust-wary freight of the arms of Gunnlǫð <giantess> [LOVER = Óðinn > POETRY] made of old, and yet meagre.
 ‑laðar: ‑hlaðar B
 Gunnlaðar ‘of Gunnlǫð <giantess>’: She was the daughter of the giant Suttungr, who possessed the dwarfs’ mead, and who entrusted it to her keeping. Skm (SnE 1998, I, 4) relates that she gave Óðinn three draughts of the mead after he lay with her for three nights.
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