When Carole learns that the local thoroughbred breeder plans to send his injured horse, Prancer, to the slaughterhouse, the Saddle Club take desperate action to save the animal.
When the Pine Hollow Stables go on an overnight mountain trail, Veronica's attracted to Phil, the property owner's son, but he only has eyes for Stevie. Veronica arranges to "get lost" so that Phil will rescue her, but her make-believe comes true.
When Veronica's horse, Cobalt, returns to camp riderless, the Saddle Club, together with Phil, put themselves in danger to rescue Veronica.