"Sure it would," replied Frank; "but, as I said to you before, a rain storm up in the Rockies is sometimes no joke. We may have to do some tall climbing if it gets a whack at us when we're in the canyon."

The day was passing. They had seen nothing more of Peg Grant and his two guides, but could easily believe the others were not a great way off. Perhaps they, too, were only waiting for night to come in order to start their investigation.

"I don't think either Spanish Joe, or Nick, could be depended on, if the thing began to look too spooky," Frank had said more than once, showing that his thoughts must be running in the direction of the rival party.

"Oh! this is easy," chuckled Bob. "If all we've got to do is to squat here and take notes when the menagerie begins to wake up, it's going to be a snap."

Frank did not want to make his chum nervous by confessing that he had another reason for agreeing to remain there idle the balance of the day, besides the fact of there being no hurry, and that they could take notes just as easy there as farther up the mountain.

The fact was, he had concluded, it would be safer for them to remain in hiding while daylight lasted, and do what searching they expected to accomplish in the darkness of night.

It was too easy, for anyone who had no scruples, and wished to do them injury, to drop a rock down from the wall of the canyon. Against this sort of attack their rifles would be useless; and terrible damage might result.

As to who would be guilty of such an outrage, Frank only remembered that Peg was in a white heat of indignation, and fully capable of doing some madcap prank in order to frighten off the two saddle boys. He was also not a little worried about the rustlers, supposed to be lurking somewhere not far distant.

Last, but not least, there were the prospectors to whom little Lopez had admitted he was carrying the supplies that were secured on the pack burro. Frank had not heard of any treasure-hunters having invaded the slopes and valleys around Thunder Mountain; but this did not mean it could not be true.

If these men were secretly taking out possibly large quantities of precious ore, and did not wish to be discovered, or disturbed in their operations, even they might try to alarm the invaders by hostile demonstrations.