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Hylomar should be applied as a very thin coating, such that even after tightening down, very little would get squeezed out. Also best if you let it tack up a little first. That's all you need. It's practically all I ever use. If you had chunks of it floating around, you clearly used way to much.
Thanks Gerard - I ran a bead, so, yes, I guess too much - always something to learn - I appreciate the clarification