"Would it be good enough for Elk?" Yes, with some range limitations for energy & expansion. I would personally limit shots to 300-350 yards. Yes, it will kill Elk further than that, but for good energy transfer &
bullet expansion reasons that would be my personal limit. If you country is open I would carry the 7 mag for an additional 100 yds. I personally prefer a 300WM, but who cares, just an opinion. For the timber I would rather carry the Whelen, but in a nutshell, it will do the job.