Lyric discussion by TheBook 

I think it's about people who fled the Armenian Genocide up to Mt Ararat, and hid there till the Turks were gone, then one wakes up the others to tell them that the Turks are gone, and they are free. Maybe Daron wrote the song from the point of view of revisiting Mt Ararat, hence feeling the "haunting presence" of those that were there 90 years ago.

Either way it sounds great and the studio version should be even better with better quality sound and better overlapping vocalizing.

@TheBook You are right. Nut nobody climbed Ararat. If a starving man climbed up there they would die. This song is about the events of Musa Dagh during 1915. Holy Mountains refers to the mountain where Armenian refugees took shelter and defended themselves from bombardments and assaults by the Turkish gendarme. Most of them died, while a fraction was rescued by French warships that repelled the Ottomans and carried the civilians to safety.

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