That's what I was thinking Mike. I can't buy hooks anywhere that cheap. Now, using Gamakatsu and Trokar drives your costs that much more. For a bass jig, thirty cents a piece in the hook is what I've been paying. I try not to use the aforementioned hooks and stay with Mustads and ELBP's.
I use the Mustad Ultra Points almost exclusively for bulk work. I think they're fairly priced and they're a good hook. I've seen them advertised in a couple Chinese web sites for much cheaper, but I'm really hesitant to go there. (Not literally, Tom.). Do any of you guys have any experience ordering from China?