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I think that's MagTech. It's made by CBC in Brazil. My indoor range/gun shop buys it by the bushel as their range ammo. I've used quite a bit and never had any problems with it, including some fired full-auto.
Just ran 50 rounds through my Kimber Custom II this evening with out missing a beat. While not fancy stuff it goes bang every time I pull the trigger on a round of it and it punches holes in the target pretty much right where I'm pointing the business end of the pistol. What more can you ask for?
Sole naysayer. I had 4 bad loads out of one box of 357 mag. One complete dud, re-fired 3 times had a good dimple in the primer. Other 3 were semi-squib loads. No big BANG, the bullet left the barrel, but didn't get as far as the target (hard to miss 357's hitting the paper at short range!)
I've put several hundred rounds of their .44 Magnum semi-jacketed soft-point (type 44A) ammunition through my 629. No problems, nice and mild, and very inexpensive. Cheaper than plain old lead stuff from other manufacturers.
I've also had a bad box of .44Mag PMC (extraction issues) and nasty 1/2 case of S&B 7.62 X 25 (primers loose).
Given the number of THR members that report having fired a metric pantload of every caliber of every brand with nary a hiccup, maybe it's time I bought a lotto ticket.
I have found that the overall quality is on par with Win white box, but the crimp on the bullet is exceptionally smooth, most finicky guns like Magtech for this reason.
I think it is excellent stuff. I've found it to be consistent and accurate. Nice packaging too. My only criticism is that it's a little dirtier than my other two favorites, PMC and American Eagle.
I have used lots of it in cowboy ammo, dirty, but excellent (they burn coal in them I think ). The only malfunction I have ever seen was with a guy a couple of weeks ago, 357 wouldn't fire, tried a couple times, swapped it to another 357 and it went off straight away. Probably had the trigger too light.
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