Now that Ross is free and clear, George not only sleeps with a loaded gun by his bedside, he is practising his boxing. His spy, Tankard (Sebastian Armesto), thinks it’s a good idea. Ross, however, has bigger things on his mind. The hefty 40% interest on the loan he took out the previous year is about to come due. To make matters worse, they still have not found anything of substance in Wheal Leisure and one of the shareholders has sold their shares to Mr. Coake. But it is George’s representative, Tankard, who appears on Coake’s behalf at the shareholder meeting.
It has now been four years since Wheal Leisure reopened but they have yielded little. However, Captain Henshawe (John Hollingworth) and Ross explain to the shareholders that they believe there is copper to be found at Trevorgie – about halfway between Leisure and Wheal Grace, another inactive mine owned by Ross. They convince shareholders to divert all profits to the new cause.
Ross is spending all his time down in the mines. His relationship with Demelza is cold – when Captain McNeil (Henry Garrett) visits Nampara, he accuses Demelza of flirting with the soldier because she is attracted to a man in uniform. She still has not told Ross of her pregnancy after he told her he does not want to suffer the same heartbreak as they did after their daughter, Julia, died of the Putrid Throat. But he does finally tell her of the money he owes and they begin to sell off whatever they can spare, including her prized cow sought after by Sir Hugh Bodrugan (Patrick Ryecart).