Haha... mine's probably thinner than 1/8" stainless. But it rocked me for all of 6 bucks, the plastic handle hasn't melted after a year's use, and the bottom hasn't burned through yet LOL
Heats up and melts fast too, real fast. Have it over a 5000 BTU propane camp stove burner, which I turn down to low once things are well on their way to melting. It's my smelting pot, handy to pour the pot into the ingot molds I use rather than use even a big dipper. Just have to watch, due to the thickness (thinness) if I don't evenly spread wheelweights/etc about the bottom it turns red in the "dry" spots until enough melts. Avoid that to avoid killing the ($6) pot prematurely I guess.
Edit: Does NOT have the residual heat bonus of my dutch oven, and is only 2qt size for reference. But the batches I smelt more than half fill it at a go, so there's plenty of residual heat in that mass of lead (if not the pot) to keep it plenty fluid and even for fluxing/pouring.