And as they rode into the site of the camp the reason for this became plain. The camp was deserted. The tents were down, and all that remained were emptied tin cans, broken boxes and the cold ashes of the fires. But over on the side of the hill, where there was an outcropping of red sandstone, curious marks showed. They were the marks of digging and excavating on rather a large scale, and as Bud caught sight of these mute evidences of operations he uttered a low whistle of surprise.

"What does it mean?" asked Nort.

CHAPTER X

DEL PINZO

Characteristic it was of Bud Merkel not to answer at once the sharp and excited question of his cousin. Living all his life in the West, as he had done, and most of it having been spent on his father's ranches, Bud had unconsciously acquired the valuable habit of observation—and quiet observation at that. He wanted to look about and notice the "sign" before he gave his opinion. In this he was like the Indians, whence, doubtless, our own plainsmen developed the habit of looking twice before they spoke once.

I don't mean to say that Bud was not a regular fellow, or that he was not at times almost as impulsive as Nort. He was like the majority of boys, but on this occasion, when it appeared that something unusual was afoot, Bud held back his opinion for a moment.

"Well, what do you think of it?" asked Nort again, as eagerly as before. "Doesn't this look like they'd been digging for gold?"

"I should say it did!" cried Dick, no less eager, now, than his brother. "Those professors saying they weren't after the yellow boys was all bunk and bluff! They did it to throw us off the track, so we wouldn't try to have a hand in it. They've been mining here, Bud, as sure as guns!"

Bud slowly shook his head.

"Why not?" asked Nort, seeing his cousin's denial of the theory that fitted in so well with his own ideas.