You pick up the shining Lantern.

"That light will help you navigate these caves," the flashy, toothy-grinning troll smiles at you. "Keep it safe, for that Lantern is very fragile, and only has enough oil in it for about an hour. If it should break or go out, then you will be trapped in the dark ... and there are many hungry trolls in these caves ... watching you and waiting for a moment of weakness."

Behind him is his escape hole.



Items carried:

Axe
Bronze helmet
Leather armor
Lantern





Your options:

Trade Bronze helmet and Leather armor for suit of Mail.

Attack Troll with Axe.