I like to use a stick wax myself. It's good for drilling and grinding (sanding) applications. I worked at a machine/sheet metal shop years ago and that was a much used product. It comes in a large tube and has a oily wax like consistency when it is cold. rub a little on the metal to be ground or on your drill bit and start working. As the steel heats up the wax starts to liquefy and absorbs the heat. Look up stick wax at Granger or Travers tools and you will find several varieties to choose from. Oh yea, the stuff lasts forever. I have been using the same tube for several years now and I do this work full time. I also use it to lube the ram on my Big Blue and has proven to be the longest lasting lube I have found.
I like it...
