A large cattle outfit comes to town and offers to buy up seemingly worthless grazing land from rancher Tim Wade, who refuses. When Wade is found shot, he says his killer rode a pinto horse. Wade's grandson Buzzy tells the ranch manager that his grandfather told him there might gold on his property in Black Mountain. Gunfights, jail breaks, painted ponies, German spies, and a mysterious ore follow in this wild western mystery. 55 min.