No offence, but as this is a Norinco JW15 stock (probably make from an old packing crate) I can't imagine you will be expecting a AAA grade finish. If sanded down the timber is very light and could benefit from a stain before oiling.
I recently did a Toz single shot stock (same thing, silk purse/sows ear) using a timber stain from Miitre 10 (Deckmax semi transparent dark walnut stain) which you can get in a test pot for $5. There are other colours available too. I then finished it with some Danish oil I had lying around. I am sure your Teak oil will do the same job. The main thing seems to be to make sure you let the oil dry thoroughly between coats. Good luck and don't forget the photos.
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