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Live minnows threaded on a treble hook with a medium sized egg sinker about a foot above hook, and set anywhere from 2-15ft below the ice has been very productive for large trout.
so you put a minnow on each hook through the lips? so their are three minnows
I use a light wire hook and hook them from under the lips up through the nose. I use 6lb test and a couple 3/0 split shots. They stay lively this way forever or until the trout slams them.