Greetings CC!
Like Das said, you would be better off buying a block of steel. My recommendation is to get as big of a chunk of steel that you can find, and use it for the majority of your work. However, I'm actually impressed with the horn on that little guy. I would keep it around for whenever you need a horn. Between that and a big chunk of steel, you will be adaquately equipped to start smithing. The next thing to start thinking about is a good vise or other way to hold your hardy tools. Of course, you should always keep your eyes open for a good anvil, but don't let it keep you from getting started! It will come. I thought mine never would...
C-1