I made my way back to skilitz and killed a bunch of bandits there, a Archer started shooting my horse while I was fighting off 2 bandits and he killed it before I stuck him with the pointy end and mercy killed him (it was not mercy full) I started to cry looking at my dead Pebbles, and hacking my sword upon the archer that killed Pebbles, I really wanted to load my game but I killed like 10 bandits and almost finished a quest. I then started to Whistle hoping he would come back to life but never did. I then looted all of the bandits and put it into my horse inventory even though pebbles was dead. I then fast traveled to a city close buy and whistled for Pebbles and he did not show up, I tried one more time and there he was alive and well!!!
This must be a bug. And WH needs to fix the horse inventory. I think the horse should be close to you if you want to use the horse inventory and the horse needs to be alive to use it. And if a horse dies it should stay dead even though i love pebbles. This part of the game needs to be more realistic.