Cool. Post pictures. That stuff does sorta smell like paint too.
there is a thread lube called lead plate, that works the same as red lead.
you'll usually see red lead pipe dope around steamfitters. it's still used for
live steam, lead or not.
the conductivity issue of pipe dope is solved neatly by the use of copperplate, a commercial anti sieze product....
http://www.antiseize.com/index.htm?bycatgry.htm
Copper Plate contains no lead, graphite, or aluminum and has a synthetic,
non-melting carrier. This formula includes high concentration of pure copper
flakes aided by special carriers and inhibitors. This combination will protect,
lubricate, and fight corrosion while enhancing electrical conductivity.
Features and Benefits:
? Withstands extreme weather conditions
? "Copper plates" mating surfaces
? Enhances and protects most electrical connections
? Withstands temperatures to 1800?F (982?C)
? Recommended for stainless steel applications above 550?F (288?C)
? Resists seizing and galling
? Highly water resistant