George Hunter

In 1877, thieves Ace Beaudry, Bronco Dawson and Bull Stanley head West together after having each been betrayed by a woman. They come across a wagon train bound for the town of Custer, where hundreds of people are gathering for a land rush in the Dakotas, which President Ulysses S. Grant has opened to settlers thanks to a treaty with the Sioux Indians. After the three rogues ride off, they spy a lone wagon with a tempting string of thoroughbreds. Before they can steal the horses, however, the wagon is attacked by a gang led by Layne Hunter, a shifty saloon owner from Custer. The trio chase off the gang, and as they are about to abscond with the horses, they find pretty Lee Carleton, whose father was killed in the attack.

Two prospectors, one the father of Sky "Lightning" Bryce and the other the father of Kate Arnold, find a large gold deposit belonging to an Indian tribe. They head for home but each sends a note to their respective off-springs advising them of their good fortune. One of the fathers conceives a plan of taking a dagger and wrapping a piece of string around the blade, after which he prints on the string with a lead pencil, the exact location of their find. If something happens to them, the string goes to the son and the knife to the daughter. That night an Indian approaches their camp and blows some mysterious wolf powder which causes a man to see wolves in place of human beings. Lightning's father see his partner as a wolf and stabs him to death; later he is brought into town in a dying condition but before dying, hands the knife and the string over to the sheriff with instructions to deliver to Lightning and Kate.