The movie starts as Iron Mistress rescues five of her gang from execution. At her headquarters she meets with a scholar. He proposes an alliance of scholars and martial artists against the Tartars. She refuses. Cut to the court making plans on how to get her. She raids a Tartar caravan and there is a problem with her gang fairly dividing the loot.
Taiwanese martial arts movies of this time were heavy on the drama. That could be good as in "A Touch of Zen" but it could also be boring. In this movie much of the drama involves a love triangle. Yawn. Another problem with this movie is too many dark scenes where you just can't make out the action. I watched this movie twice and could not stay awake mostly for those reasons. I watched it a third time to completion so as to write a fair review.
The fights that could be seen were mostly sword fights as standard for this era. They are not bad but not outstanding either.
Overall I rate this as average for the year and genre with a take it or leave it recommendation for fans of martial arts movies of the golden age from 1967 to 1984.