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It is a 10/17 was announced in 2004 but never made it to production. 20" barrel, 9 round mag, hardwood stock, steel receiver. Remington does a 597 with a 5 round mag, synthetic stock.
"...announced in 2004 but never made it to production..." Wouldn't be the first time Ruger has done that.
The Magnum Research model is chambered in .17 Mach II(necked down .22 LR). Different cartridge from a .17 HMR(necked down .22 Magnum). Lists at $665US.
The HMR ammmo runs $21.95 per 50. Epp's list the Mach 2 ammo, but no prices. It's less than the HMR on U.S. sites though.
Anyone own a semi .17HMR? I heard nothing but feeding issues from the one person (a friend of a friend) who owns one. But i won't judge off of a single gun.
I have a savage .17hmr bolt and it's great. Not sure i'd go semi unless the accuracy can come close to the bolt.
my understanding is both the ruger and remington models are no longer in production due to accidental discharges.
This is because the required strength of the action return spring causing a spent cartridge, that has failed to clear the extractor, striking and firing the rim of the next cartridge as it is attempting to chamber.
I belive Buttler Creek makes a .17 HMR barrel for the 10/22 MAG http://www.butler-creek.com/products/barrels_17_HMR.html I have had no experience with the 10/22 MAG and would go on the other posters advice for feeding problems and other issues.