As Matt and Emily are exiting the lodge, at the very beginning of the segment, Matt has the option to not follow Emily, and instead go left towards the window Chris had crawled through in the beginning of the chapter.
Once you head up this way, Matt will come across a snow covered rock with a cigar stub on it. The Axe Holder can be found here as well.
- The Stranger must have smoked cigars regularly.
- Matt's line: "Maybe Ashley's got a weird stogie habit" could be a reference to a "beta version" of Ashley, since, according to the developers: "Ashley was supposed to be a drug addict who goes around the house pretending she's in an Agatha Christie novel."
- This is one of the two clues found only in the pre-ordered version of the game. The other one is the Pig Head Note.