A group of prospectors set out from Bannock, Montana (then capital of the state), in search of gold. They went through many hardships and several of their little company died en route. Finally they were overtaken by the Indians who took their good horses, leaving them with only a few limping old ponies. Then they threatened them, telling them to get back to Bannock and stay there, for if they overcook them again, they would murder the lot of them.

Defeated, discouraged, and downhearted, the prospectors sought to make their way back to the capital city. On one occasion as they tethered out the limping ponies on a creekside, one of the men casually picked up a little stone from the creek bed. He called to his buddy for a hammer and upon cracking the rock, he said, "It looks as though there may be gold here." The two of them panned gold the rest of the afternoon and managed to realize twelve dollars' worth. The entire little company panned gold the next day in the same creek and realized fifty dollars, a great sum in those days. They said to one another: "We have struck it!" They made their way back to Bannock and vowed not to breathe a word concerning this gold strike. They secretively set about re-equipping themselves with supplies for another prospecting trip. But when they got ready to go back, three hundred men followed them. Who had told on them? No one! Their beaming faces betrayed the secret!