Bubbletrubble
Contributor
I'm in complete agreement with RonFrank's comments in Post #20.I don't know what you consider excellent buoyancy. You said it sinks by itself. That means your BC has way tooooo much weight in it for its amount of lift!!!
Technically speaking, pir8 is correct...but it doesn't necessarily mean that the OP is overweighted. It appears that the OP has all of his lead connected to his rig. It's not surprising that all of that ballast has exceeded the maximum lift of his BCD. He has not mentioned what BCD he is using...but it probably has more than 30 lbs. of inherent lift (likely closer to 36 lbs. of lift). No big deal really.
The simple solution is to move some lead onto his person...in the form of a weight belt...or better yet a weight harness like the DUI Weight & Trim. As long as he doesn't exceed the positive buoyancy of his exposure suit at the surface, he'll still be positively buoyant once he separates himself from his rig. Then, his BCD will have more than enough lift to float even a full HP120 + some lead in the form of trim weights.
I recommend the OP shift 12 - 16 lbs. of the lead that he used to carry in his BCD ditchable pockets to a weight harness which places the ballast at about the same location trim-wise. This will enable him to maintain proper horizontal trim in the water. Since the 7mm farmer john has more than 16 lbs. of positive buoyancy, he will still be positively buoyant once he separates himself from his rig. With less ballast connected to his rig, the BCD will still have plenty of lift to float itself in the water. Cold water diving demands more exposure protection...which requires more lead. The OP's weighting requirements are within a reasonable range. Still, it would be advisable to do a proper weight-check since our bodies (and wetsuits) can change over time.
Have fun and dive safe...