Bob, Dale:
I make a stock every now and then. Since one turned out way too dark with Linspeed, I've gone to only TruOil.
The last half dozen sanding sessions are with 4/0 wool though. Keep wetting and drying, buffing it slick until no whiskers come up anywhere.
For stain, I've really gotten some fine results with MinWax. They have a bunch of colors to select from. To get the results you want, get half a dozen small can's and try them on scrap, or the inside's first. Just wipe it on with a papertowel til the color's right where you want it. Let it dry.
Then start TruOil. since this stuff sets up and is such a challenge to get off your hands. I use three pair of rubber glove's. When one is damaged, it's peeled off and fresh glove is up. Just keep rubbing it in until it starts to set up. Then wipe it slick as you can get it before it's set too much. Then hang it up til cured no matter how long it takes. You don't want to start sanding/buffing it off until it's hardened up. It'll ball up and you'll rub thru. Just buff it lightly til the shine is off, or the defects in the coat is off. Then STOP. and put another coat on.
There's water based stains with fillers, so far I haven't found them, but, have read there's fillers without stain too. That would be a good place to start before the stain goes on.
Dale, yes, TruOil is always real shiny. They make an opague top coat, but, I've always very lightly just dulled it with 4/0 wool with good results.
One $4 bottle will do two full sized rifle stocks 15-20 coats each if it's done right and you don't spill any.
Leave a natural coloration to the wood that really enhance's the grain. You'll love it. But, it take a lot of work to get it right. Anytime after 10 coats that you get a nearly perfect coating is time to stop messing with it. If there's line's or run's or other marks, buff it out and put another coat on til you get that one perfect layer.
Nice thing about TruOil is you can always come back and refinish blemishes or scabs that happen and you'll never be able to find them once it's done.
Fine looking job Bob.
George