Pete, Billy and Roger run into trouble with a hermit who mistakes them for hostile intruders.

Billy and Pete are on a guiding expedition when they discover strange signs along the trail. Following these clues, they discover an embittered man has kidnapped a wealthy boy and is holding him for ransom in the bush.

A mining company wants the rights to "Dreamer's Rock" but the local Indian band won't go for it. The businessman's plan to destroy the sacred Indian rock revives Pete's distrust of the white man's ways.