The scope will work if that is all you have. I would save my money and buy a better scope as soon as I could. The 8 point isn't known for being much of a scope.
I have to agree with Superpig, the Eight Point may work, but the question is for how long? One came on my Model 70 SuperShadow, and could not zero with the provided mounts. I actually broke one of the adjustment turrets attempting to raise the point of aim just a bit higher than it was.... Wound up replacing with a Burris Fullfield II in 3x9. (Midway has the matte version on sale for $179.99 for the plex reticle, and $194.99 for the ballistic plex version) I also opted for Leupold STD bases and rings. Most of us should probably spend more for our scopes than we do. A buddy of mine swears that he would rather have a $1000 scope on a $100 rifle than vice versa. He may have something, but I do believe that you can get a servicable scope in the $200 range, and a very nice one if you are willing to up the ante to $400 or so.