Footsteps were heard upon the trail above them.
“Some one is coming!” whispered Frank.
In an instant both men glided into the deep shadows.
Down the path came the footsteps. Then a light flashed over the face of the cliff.
The two watchers saw the explanation of this at once.
A man stood upon the verge of the trail overlooking the valley, and in his hand he carried a torch.
One moment he stood there in full view.
He was a type of the westerner, with stout frame and heavy features. That he was one of the band of counterfeiters it was safe to assume.
Then he suddenly began to move the torch up and down making signals.
For full five minutes he continued these signals, closely watched by Frank and the trapper.