Three children, catch a golden butterfly. With help from a goblin, his youngest son, a gnome and a wise men they set out to take the butterfly back to it's grotto who guarded the grotto. The little band of adventurers are captured by The Ragmen who also wants the butterfly as it is supposed to grant wishes. They manage to escape but have other dangers to overcome with the Ragmen still in pursuit before they get the golden butterfly home to it's grotto. When they reach the mountain which contains the grotto there is no way inside. They are just about to give up when the mountain opens and the guardian appears. The butterfly is home.