Steve Baird travels West, and with miner Mike Reardon, buys an abandoned mine called The Skyrocket. Hoping to raise money to cover his notes, Steve goes to New York where he meets forger Jackson Ives. Ives gives Steve $50,000 in counterfeit money for stock in the mine just before the notes are due. When Grace Tyler and other wealthy friends see the money they also buy stock, believing that Steve is a success. Meanwhile, neighboring mine owner James Morgan discovers that The Skyrocket contains gold, and he sets off an explosion, hoping to kill Mike before he discovers it. Instead of killing Mike, the explosion uncovers the gold and everyone becomes wealthy, including Ives who now has the money to make his forgeries good. At the end, Steve and Grace are married with Ives as best man.—Pamela Short

Stephen Baird, a mining engineer and popular man-about-town, goes west to seek his fortune. Arriving at Gallup, a mining town, he becomes acquainted with Mike Reardon. They set out in quest of gold. While making camp, the first night out, they come across the abandoned workings of the Skyrocket mines. Steve decides to explore it. Finding a piece of rock, which he believes contains gold, he persuades Mike to look it over, and although Mike is certain that it is worthless, he goes about his work in a business-like manner and comes to the conclusion that the tunnels have been driven in the wrong direction. On the strength of their conviction, Steve goes to the owner of the property and purchases it for thirty thousand dollars, of which he pays one-third down, and he immediately leaves for New York to secure the remaining $20,000 to complete the purchase. James Morgan, a mining operator of doubtful character, who owns mines adjoining the Skyrocket, discovers through the development of his own property that a vein of ore in his mine extends on through the claim controlled by Steve, and then learns that Steve is the owner of the Skyrocket property. In New York, Steve has made the acquaintance of Jackson Ives, with plenty of money, who agrees to purchase fifty thousand dollars' worth of stock in Steve's mine. New Year's Eve comes and finds Steve downhearted and melancholy, but Jackson Ives fulfills his promise and gives Steve fifty thousand dollars for an interest in the property. Steve's friends, including Grace Tyler, come to the apartment to try and persuade him to join them at a party, and seeing Steve with fifty thousand dollars in bills, lying on the desk, they immediately assume that he has struck gold and implore him to accept their checks in payment for stocks in his company, which they had heretofore refused to purchase. Jackson Ives for a number of years had been suspected by the Government as a counterfeiter, but the detectives had never been able to catch him "with the goods." On this particular night they had trailed him from the hotel to Steve's apartment and break in on them just as Ives gives the huge bundle of bills to Steve. By using a little strategy, Steve is enabled to slip the money into an envelope, addresses it to Grace Tyler, his sweetheart, and slips it into a mail pouch. After a thorough search of the room, finding nothing the detectives depart and Steve and Ives join the party in a restaurant. Meanwhile, Mike Reardon, with increased force, is working night and day to discover gold. Morgan learns this and, fearing that Reardon will uncover the vein of ore which he knows to be there, causes an explosion in the Skyrocket mine, which instead of acting as an injury uncovers the huge vein of gold, the report scatters and wealth pours in on Steve and Mike and their partners. Jackson Ives, instead of being a counterfeiter, is proven a man of unlimited wealth, and despite the activities of the secret service officers he proves his honesty and, becoming a partner of Steve's, remains by his side even when Steve takes Grace Tyler in his arms and asks her the all-important question, to which she smilingly answers, "Yes, dear."—Moving Picture World synopsis