This potion is made by using Pet Tags + Chameleon in the cauldron. This potion can’t be stacked to increase its effects.
Drinking the Lizard Potion will spawn a pet lizard next to you. The pet lizard will follow you around the map while you play around with your potions.
You can pick the lizard up in your hands or pet him.
Other than looking cute, pets don’t really do much for now.
This Potion is spell number #122 in the potions book.