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George Gardner of GAP riflesworked with Hornady on that cartridge, they were looking for a short action cartridge that would utilize high BC 140's to as before mentioned a limit of 3150 fps.
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If that was the goal, seems like they failed. Highest numbers I have seen for a 140 are in the 2900fps range, same as the 6.5-284 (for a short action) or the 100+ year old long action 6.5-06.