I've never refinished a laminated stock, but considering how they're made. I don't see why you wouldn't get the varied colors in the laminate. I copied the process for you below:
Laminated wood Laminated wood consists of two or more layers of wood, impregnated with glue and attached permanently to each other. The combination of the two pieces of wood, if laid out correctly, results in the separate pieces moderating the effects of changes in temperature and humidity. Modern laminates consist of 1/16 inch (1.6 mm) thick sheets of wood, usually birch, which are impregnated with
epoxy, laid with alternating grain directions, and cured at high temperatures and pressures. The resulting composite material is far stronger than the original wood, free from internal defects, and nearly immune to warping from heat or moisture. Typically, each layer of the laminate is dyed before laminating, often with alternating colors, which provides a pattern similar to wood grain when cut into shape, and with bright, contrasting colors, the results can be very striking. The disadvantage of laminate stocks is density, with laminates weighing about 4 to 5 ounces (110 to 140 g) more than walnut for a typical stock.
[16]While wood laminates have been available for many years on the custom market (and, in subdued form, in some military rifles), in 1987 Rutland Plywood, a maker of wood laminates, convinced
Sturm, Ruger,
Savage Arms, and
U.S. Repeating Arms Company (Winchester) to display some laminate stocks on their rifles in a green, brown and black pattern (often called
camo). The response was overwhelming, and that marked the beginning of laminated stocks on production rifles.
[16]
