What I remember is that this was an arcade game in an SNK Neo-Geo MVS. It was a horizontal shooter where you played as gnomes or gnome-like creatures. I think at some parts you might have walked on the ground and shot magic at your enemies, but at other points you are riding on dragons shooting at the enemies. Granted, I last played this like 11 years ago, so all of what I wrote might not actually be present in the game, just my mixed up, hazy memories.
If you could help to identify this game, it would be much appreciated! I'm trying to recommend this game to an arcade operator to add to his business.