In 1898 during the gold rush in the Klondike, entertainer Rocky Shaw, intrigued by a weird tale of gold buried in the snow, is eager to take the trip with the two men.
Silky has a first rate idea to bring the odd combination of turkeys and dance hostesses to Dawson. But his plans are derailed by an encounter with a slick confidence man, Nifty Cronin.
The early freeze of the river endangers the miners as the boat bringing supplies is caught in the ice. An unscrupulous shopkeeper takes advantage of the situation by raising prices on vital goods.