Instead of taking precautions to aid a man who is in grave danger, Charlie again waits to do anything. He is approached by an old friend who says that someone is trying to kill him. It has something to do with an old gold mine, The Golden Eye, that has begun producing after many lean years. The gang find themselves on a dude ranch where things aren't' as they should be. The old friend supposedly falls down a shaft and is left a broken man, fighting for his life. Once again, there are a couple bodies that need to be dealt with. Charlie pretends to be a jade merchant and exposes his identity to an old detective friend who seems to be aware of the goings on. The problem, as it often is in these poorly done old films, is the slipshod work of everyone as they do nothing to protect those in danger. It was good that this series slowly plodded to an end.