We used a lot of it at the coal mine in 5 gal. pails sprayed w/ a Hudson sprayer . It was used for the open gearing on the stripping machines . It got tacky and stayed on . Don't know about the EP properties , but it served us well . I use it on the open gearing outside of the headstock on the Jet 14x40 and also used it on the Zamack gears on the Atlas 12x24 . Once applied , it's on for the duration , it does not come off after the initial run in . Whitmores Lubriplate makes a good product . As mentioned it does attract chips so should be used in covered set up .