Alphonso
The rust pits or surface rust, has ate it's way deeper than the surface of the metal. The only way to remove that. Is to buff, file or sand the surface below the rust. That way you remove the pitting. So what ever you touch it up with will show the pit's will remain unless you remove metal. Then you will have a big mess that will need to be refinished. Just use steel wool with either gun oil or kroil. Then clean the area up, so you degrease it. Use alcohol or acetone. Dab the cold blue over the bare metal try to just keep it on the bare metal and hope for the best. No matter what product you use. In my experience, it has always been a (BIG) waste of time.
Your gun your call. Do as you please. I'm just sharing my thoughts. I can spot any cold blue on a gun. It's just the way it is. Cold blue never matches. When I buy a used gun. I will offer a lot less money, on a gun with cold blue. Vice one that just shows the flaws.
I agree with Trooper. I use cold blue on buggered up screw heads. When working with the cold blue. I wear surgical rubber gloves. The active chemical in cold blue is an acid. I don't recall the exact acid. But it is very harmful to your kidneys. Many years ago I was at the gunsmith shop. One of the apprentice gunsmiths was looking at some screw heads I refinished. And asked if they were new screws. I told him I dressed up the screw heads and re-cut the slot in the screws. Then blued them with cold blue.
The gunsmith overheard the conversation. He told me to throw out any cold blue I have laying around. And he would blue screw heads for me for free. However I have to wait until they do bluing. Most of the time I do not wait. And just go with cold blue. When I bring this old Colt into his shop. The gunsmith will give me an A** chewing about the screw heads(cold blue). He will tell me you have been F'ing around with cold blue again. I really hate buggered up screw heads. When I clean up a new to me firearm.
If the screw heads are buggered. I refinish or replace them. Most of the time I do not have the correct replacement screw. So it's just easier to cold blue them. I refinished the side plate screws and crane lock cap on this Colt yesterday.
Now the Colt is ready to take to the gunsmith to correct a timing issue. The bolt needs to be stretched or replaced. I do not have the fixture or proper tool to do the job. As you can see from the condition of this Colt. I do not cold blue any cosmetic flaws other than screw heads.
This Colt was covered in Cold blue. I spent two hours on it cleaning it all off. Now I'm down to the original finish as the revolver should be. Hey it's shooter I can live with the cosmetic issues. It's just holster/carry wear.
