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Which caliber for 16 “ barrel

Thanks everyone for the feedback. I still haven’t pulled the trigger due to expenses from other hobbies. But I plan on building the Elf Owl in 6mm ARC. The new caliber looks impressive in several reviews. Just trying to decide on a action to keep it budget friendly. I was going to get a standard Remington 700, but I am hesitant due to their build reputation.
i wish I could find a similar chassis system that accepts a Tikka action