Waterhole #3 is a 1967 Western comedy film directed by William A. Graham. It is considered to be a comic remake of The Good, the Bad, and the Ugly.
The film stars James Coburn, Carroll O'Connor and Margaret Blye. The cast also includes Bruce Dern, James Whitmore, Claude Akins, Joan Blondell, and Timothy Carey. The film's theme song is by Roger Miller. It is a Blake Edwards production.
A shipment of gold bullion is stolen by three men in Arizona and buried near Waterhole No. 3. One of them is killed by Lewton Cole, who discovers a map to the buried treasure scrawled on a $20 bill.
The other two thieves, Army Sgt. Henry Foggers and his accomplice Hilb, set out to find Cole and the gold. Cole, meanwhile, gets a headstart on the local law enforcement after the killing by locking up Sheriff John Copperud and his deputy in their own jail.
Cole rides to the sheriff's ranch, steals his horse and forces himself on Billie, the sheriff's daughter. Copperud returns to the ranch and infuriates Billie by being more upset over losing his horse than about Cole's treatment of her.
An honest man is hard to find in these parts, except for a U.S. Cavalry captain named Shipley. It all ends with a long, wild gunfight as Cole and the outlaws go for the gold.
- ^ "Big Rental Films of 1968", Variety, 8 January 1969 p 15. Please note this figure is a rental accruing to distributors.