Great shooting Rman.
I dont claim to know much of long range shooting, peep sites, or the caliber.
I am not to sure how close a .32-40 is to a 38-55, but i have personally witnessed an acquaintance ring torso sized steel at 500 yards shooting off hand, i would say thats near a 24" circle for arguments sake.
The gong rang about 50% of the time
No idea what sights he has on there, definitely not glass of any sort.
and no Gitrdone, he will not come show you