No. Its poo. Dries up then you've got salty Paste all over your threads. Avoid.
Agreed! I used White Lithium grease on the threads of stem bolts and seatpost bolts etc. I also used it to 'waterproof' a rear light, smearing a thin coat where the front attaches to the back of the light to form a seal. In these places, after not too long, the grease had dried and become very chalky and brittle. Anyone remember white dog pooh?
I think its application on moving parts may be better, but don't use it on fixed parts. Just get some other grease when you have chance.