Nearby Rhyolite also features a sculpture of a ghostly figure hopping aboard a bicycle, and a two-story-tall silhouette of a miner, and his penguin(?) seen here in the background.
As odd as it all seems, it does seem to fit into the barren, almost surreal landscapes that surround them.
*More images of Rhyolite can be seen here: http://www.pbase.com/baldrich/dvbw