I have a friend that has been using the 338-06 for years now and swears by it. He has taken more mosse, elk and bear then I like to give him credit for. The past January three buddies and I did a late season cow elk hunt in UT. We took two elk with a 300WSM and two with the 338-06. It did an outstanding job on the two elk shot. I just recently picked up a pre 64 model 70 in 30-06 that I am going to have bored out and rechambered to 338-06. My buddies gun was a Ruger that he did the same thing too. Recoil is much milder that 338. And with 225 Barnes XLC he is getting 2770 FPS. Its not a cheap proposition but if you can afford it I think it is a great gun. I decided on the 338-06 over the 35 Whelen for most of thesames resons as others better bullet selection and better velocity.
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