Talk:Lucky Horseshoe/@comment-180.181.252.228-20111106104122/@comment-87.194.137.135-20111201211946

As of 1.1 you can combine it with the Obsidian Skull to create an accessory that both negates fall and fire block damage. If you want full immunity to Lava, you need to use the obsidian skin potion, as the commenter above me pointed out.