I admit I don't have any experience with the SMK and I'll probably get all kinds of grief from others on this forum for saying this. I am constantly amazed by folks who talk about using the SMK for hunting because it shoots tight groups at the range. The SMK is a target bullet, not a hunting bullet! No hate mail, please.
There are lots of other good choices, as already noted. Ballistic Tip - good for more rapid expansion in soft tissue at longer ranges, not good for close range or quartering-away shots or penetration, not my first choice. TSX - good for penetration and exit holes. Accubond or Partition - good all-around performance. Lots of folks like the SST; I have not had good luck with it. For shots out to 300 yards or so, I'd go with a 165 gr bullet. If you really think you'll be shooting at 400 yards, a heavier bullet might be better.
This is a picture of the bullet recovered from goodgroopers Moose thaken with the 300 grain 338 caliber SMK
Looks like pretty good performance to me.
The entire thread is here
http://www.longrangehunting.com/forums/f17/2-moose-over-900-yards-24248/
There is also a thread in the Long Range hunting section of a Sambar taken with the same bullets and the results were quite impressive to say the least.
http://www.longrangehunting.com/forums/f17/duh-sambar-338-edge-33176/
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