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Begin it where warm waters halt and take it in...

Other Ideas...:

Probably the most important stanza in the entire poem.  In the entire book.  In the entire treasure hunt.  The most important clues appear to be hidden within the 2nd stanza.  So, you should probably focus most of your time into solving this part of the puzzle.


The Verdict:

‘Begin it where warm waters halt’

Presumably refers to a mountainous hot-spring, the last hot-spring when leaving an area towards a canyon.

‘And take it in the canyon down,’

We are either driving (or boating) down through a canyon - or we are driving down to a canyon.

‘Not far, but too far to walk.’

We are probably driving (although perhaps boating) there.  And, it looks to be roughly 10 miles away.  Give or take.

‘Put in below the home of Brown.’

We are either getting into a boat now (if we weren’t in one already), or getting out of our car and going into the wilderness.

Possible Interpretations:

Forrest Fenn’s treasure poem has six stanzas and nine clues.  

The 2nd stanza:

The second stanza contains three commas and two periods, making two complete sentences.

The entire stanza is set in the present-tense.

The 2nd stanza appears to be the starting point (begin it...).  And Forrest Fenn has said as much.  But, then what are we supposed to make of the 1st stanza?  Does it clarify which warm waters we start at?

Or, does the 1st stanza tell us what to do once we’ve reached the finish?

Either way, we are starting at some sort of hot spring - going down a canyon, perhaps 10 miles or so - and putting-in at a Brown home.


Or so it would seem...