The inhabitants noted were those holding title and deeds.
There were no such inhabitants in Nevada
The lands in question are and always have been government lands
All this is moot because Bundy has no deed and no title beyond his 150 acres.
Yours is not a cogent argument before a court. The inhabitants had rights of water and grazing that the treaty recognized. Look at Articles VIII and IX of the treaty.
I don’t think the feds can present a winning argument in court. It’s not a cakewalk for them by any means.