I thought at first it was rust coming out the end of the pedal screw thread onto the crank, but with the pedals off it looks like a kind of thread grease, but bronze in colour. There is so little of it, it's hard to tell by touch if it is grease or not. One pedal I just cleaned and applied regular grease to the thread then screwed it back on. This pedal I thought to ask you about.
	
		
			
		
		
	
		
		
	
	
		 
	
	
		
			
		
		
	
			
			 
				 
 
		 
 
		 
 
		 
 
		 
 
		 
 
		 
 
		 
 
		