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The gap of eight leaves in the Codex Regius (cf. introductory note to the Sigrdrifumol) is followed by a passage of twenty stanzas which is evidently the end of a longer poem, the greater part of it having been contained in the lost section of the manuscript. There is here little question of such a compilation as made up the so-called Reginsmol, Fafnismol, and Sigrdrifumol; the extant fragment shows every sign of being part of a poem which, as it stood in the manuscript, was a complete and definite unit. The end is clearly marked; the following poem, Gurthrunarkvitha I, carries a specific heading in the manuscript, so that there is no uncertainty as to where the fragment closes.

It seems altogether likely that the twenty stanzas thus remaining are the end of a poem entitled Sigurtharkvitha (Lay of Sigurth), and, more specifically, the "Long" Lay of Sigurth. The extant and complete Sigurth lay, a relatively late work, is referred to by the annotator as the "Short" Lay of Sigurth, which, of course, presupposes the existence of a longer poem with the same title. As the "short" lay is one of the longest poems in the whole collection (seventy stanzas), it follows that the other one must have been considerably more extensive in order to have been thus distinguished by its length. It may be guessed, then, that not less than eighty or a hundred stanzas, and possibly more, of the "Long" Lay of Sigurth have been lost with the missing pages of Regius.

The narrative, from the point at which the so-called Sigrdrifumol breaks off to that at which the Brot takes it up, is given with considerable detail in the Volsungasaga. In this prose narrative four stanzas are quoted, and one of them is specifically introduced with the phrase: "as is told in the Lay of Sigurth." It is possible, but most unlikely, that the entire passage paraphrases this poem alone; such an assumption would give the Lay of Sigurth not less than two hundred and fifty stanzas (allowing about fifteen stanzas to each of the missing pages), and moreover there are inconsistencies in the Volsungasaga narrative suggesting that different and more or less conflicting poems were used as sources. The chances are that the "Long" Lay of Sigurth