Daylight sighting by hikers near Lake Fork, off the Conejos River. witnessed in Conejos County, Colorado

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I saw with binoculars a group of three hikers and a dog making their way down the Lake Fork Trail toward the Lake Fork Ranch. They were walking at a fairly normal speed. What I would say to be 400 or 500 yards in front of them was a large, black object moving in the same direction--away from the hikers--at a much faster speed. It was not on the trail, but instead in the meadow next to the trail. It seemed as if it was spooked by the hikers. I'd say it was about a half mile from me, and 1000 or so feet downhill, so I couldn't get a really good guage on how big it was. Although, judging its size against the hikers, it was clearly much larger than a man. There is no question that it was bipedal; not once did I see it move quadrapedally. This was definitely not a bear. As it appeared from my vantage point, I don't think the hikers ever had a direct view of this thing. The clearing in which the hikers were was separated from the clearing across which it was running by a tongue of aspens gro...