Greatest Story Never Told

[Skeithy]

I'm stuck on this but with a different series of letters. I've tried a few things with switching the letters around, but cant figure out exactly what it wants me to do.

If you talk to Memenugu he says something like "Two steps forward, one step backward, and repeat". So:

If we go forward the two first letters and go backward the third letter and repeat until the end, we can read "BRONZE LAKE HOT SPRINGS"

PD: Sorry for my poor english