Based on the Newbery Honor Award-winning novel "Misty of Chincoteague" by Marguerite Henry... The beloved family classic starring David Ladd, Arthur O"Connell and Anne Seymour On an island off the Virginia coast lives a centuries-old band of wild ponies. Among them is the mysterious Phantom, a rarely seen mare that eludes all efforts to capture her - that is, until a young brother and sister lay eyes on her. Although Phantom would remain a creature of the wild, her gentle, loyal colt Misty would stay in their lives forever.