"Unlimber, boys!" called Slim Degnan, grimly and significantly as he whipped out his .45. "There's likely to be action!"

"Hold on! Wait a minute!" counseled Snake, as Bud and his cousins were about to urge their horses forward. The cowboy reached out, and his hand fell with a firm grip on the bridle of Bud's steed.

"What's the idea?" asked that boy rancher. "Now we've found the rascals, can't we go in and clean 'em up?"

"That's natural Bud, most natural," conceded Snake. "But what's th' use runnin' your head in a bee's nest if yon can git th' honey some other way?"

"You mean it won't be safe to ride up to 'em and fight 'em?'?" asked Nort.

"Somethin' like that, yes, son," answered the cowboy. "I think Del Pinzo an' his crowd have been waitin' for just such a chance as this. They'd ask nothin' better than t' have us rush 'em, an' then they'd have a good excuse for sayin', afterward, that they popped us off in self-defense."

"Snake's right!" declared Yellin' Kid, modulating his voice somewhat. "We'd better play this hand cautious like."

Seeing that this was the sentiment of the more experienced men, Bud and his cousins held back, and a moment later, urged by the cowboys, the ranch lads had turned aside and the whole body of pursuers had retreated to a position somewhat away from the turn of the trail where Dick had looked through the defile and had seen the rascals encamped.

"What's the next move?" asked Nort, as the party gathered together, giving their horses a breathing spell, for which the animals were, doubtless, very thankful.

"We'd better look for some shelter," advised Snake, "an' then see what we can do toward learnin' th' intentions of this bunch of bad actors."