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Yes, it is their own action, well sort of,

“the Model 89 embodies the best of the old Model 86 and Model 92 lever-actions in a modern platform capable of handling the powerful .500 S&W”

They are great guys, the owner used to run Mt. Baldy Bullets, but shut it down when they started Big Horn Armory.  They used to use my lube and I met them in person at a Linebaugh Seminar in Cody a few years ago when it was first in the prototype stages.

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