Jim, it takes VERY little of the liquid to lube a bullet. I cut it with mineral spriits to about the consistency of hot maple syrup or just a tad thinner. One very light coat, just enough to see a goldish tint to the bullet is all you need for 45 acp target loads. For hot loads two of these light coats work great, and it is just enough to see the bullet start to look bronze. Two light coats dries more completely and faster than a single heavy coat too.
If you applied just as it comes out of the bottle you probably have definately bronze looking bullets with brown spots. That is enough that you need to keep an eye on OAL and clean the seating die out when it starts to move. Give your bullets a couple days to dry, but be aware that they will be sticky when you go to load them and when you shoot them. With it heavily applied the stickyness doesn't go away.
On the next batch drop back to one very light coat. It won't gunk up your seating die and your gun will stay a lot cleaner. You also should not have any leading problems at all provided the bullets fit the gun and the bore is reasonably smooth.
I've shot LOTS of bullets with the liquid alox and it works very well, as well as the conventional alox lubes for sure.
If you really want a good lube do a net search for 'felix lube'. You can make it yourself on the kitchen stove and it flat works, better than anything else I have tried and that covers a lot of different lubes. Add a little carnuba and the bore will SHINE after hundreds of rounds and clean up in seconds. I add about 20% Mobil 1 grease for hot loads and although the gun gets slimy after a couple hundred rounds I get no leading and clean up is a snap.
