After a week of applying Tru-Oil to the neck and body I think I'm almost finished, maybe just a few more and then a final wet sand with my 1200 grit. I would have done about 10 coats to the body so far but I have finished on the neck at 6 coats.
On the third coat I wet sanded with Tru-Oil and 600 grit to pore fill. I had read somewhere that basswood although it was porous did not necessary need a pore fill but I did it anyway and I think it helped.
After every coat I gave it a light 0000 steel wool rub to take out any drip marks and high points. I am quite surprised at the gloss and reflectiveness of the finish.
I plan on leaving for two weeks to cure and harden before I attempt to cut with Meguiars Utimate Compound and polishing with some carnauba wax.
Is two weeks the right time to leave it to cure?

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thanks, Simon