I wouldn't hesitate to elk hunt with a 300 Savage at all. I'd probably try to get my favorite 150gr bullet shooting well and go with that. The 165gr and 180gr are awesome (on deer at least), but larger bullets get shoved back into the case to keep the COAL short enough and you start losing velocity quick. The 150gr at 2700fps shines.
Heck, I look at Federal 30-06 150gr vs the Hornady SuperPerformance 150gr 300 Savage load, and published velocities are less than 100fps different a couple hundred yards out.
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