I tried the .308" bullets in my Ruger Ranch which has a .311 bore. I only tried one type of bullet, but 3" groups told me that it wasn't the way to go. With .311 bullets I'm getting 1" results, sometimes a little better.
Of course you can shoot .308 bullets from the larger bore, but even if they do group decently, I would have to believe that a bullet that is the correct size for the bore is always going to shoot better. There are a number of good .311 bullets out there, from higher end target stuff to cheapo plinker stuff, no reason to use a bullet that "rattles" it's way down the bore.
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