found time to spend the day at the shop . Finally my Rugger 77 action is wearing an aluminum rod that is properly threaded to fit the action. I did just about every thing you could do wrong wrong... I suppose every one but me knows this but I figured out that you can start again by using magnifier glasses you can reposition the thread cutter in the partially cut threads. If you disengage power to the threading rod and turn it by hand until it lines up with the thread dial you can start over and it will follow your previous cuts.
now the question is how do yu know when the threads are deep enough. I just kept cutting taking very small cuts until the action would screw on. If you don't have that option how do you know when the treads are deep enough?
Since I am running at the lathes slowest speed I ordered some HSS threading inserts and holders.
The next step is to take and take off barrel and cut if off and try to thread it to fit. Then I will try with the Douglas barrel. I am having fun and appreciate all the advice.