Back in the day when I lived at the bottom of the hill I fished those two lakes about 40 times a year.
If you're looking for a lake that will give you a chance at a fish of a lifetime then Dot is the place to be. If you're looking for some action and not really large fish then perhaps you should stick to Gypsum. I have taken fish to 9 lbs. out of Dot, either during the sedge hatch or mid-October when they're on the shoals. I have actually seen fish to 12 lbs taken in the fall and during sedge season I saw a fish clear the water that I would roughly guess to be around 36". Be warned though, I have a fairly good idea of what I'm doing on Interior lakes and that lake has skunked me more times than I care to admit.
Directly across from the boat launch there are three very subtle points of land and there is a rocky shoal on that side with monstrous sized rocks. It drops off the shoal from 6-11' instantly and that is where you'll find the cruisers. There is one cabin on the lake and in front of that cabin is my favourite shoal for fall fishing. You can sightfish the cruising fish but be stealthy as they'll spook in the clear shallows.
To simplify Gypsum, if you fish around the island with maroon micro leeches you'll eventually catch fish. If you're going up there for Thanksgiving weekend the fish will definitely be on the shoals.
Word of Caution: We used to come up the back way from Lower Nicola and the last time there a couple summers ago we were watching a 2 year old bear cub frolick on the side of the road snapping pictures all the while. All of a sudden the little guy (120 lbs. or so) froze and a huge boar Blackie bust out of the thick timber and attacked him. We don't know if he killed him but we didn't hold out much hope for the cub as the big boar dragged him back in the timber due in part to my charging down the hill in the truck.
For what it's worth, I have yet to see a bear up there in October!



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