This is the product
http://www.homedepot.com/p/Loctite-...e-Roof-and-Flashing-Sealant-1675273/203163733
No thinning. Clean up hands with dish soap, a scrunge and water. No solvents, nothing else needed.
I used a rotary orbital 5 inch sander and those sticky sanding discs, about 80 grit paper. It does not clog the paper.
It actually sands down fine either wet or dry. But wet sanding is easier. I would use a hose, spray then sand.
You need to wait up to a week before sanding to let it cure. It also when sanding may form tiny sticky rubber balls which to remove simply scrub the surface wet with a cotton bath towel.
I spread it on the surface in multiple thin layers using a 6 inch putty knife.
You can actually form a decently smooth flat surface about 1/16 to 1/8 thick this way. Black PL has a very sticky feeling surface for a while so new layers adhere very well to it. For it to lose that stickiness can take couple of weeks. You get extensive working time of many hours with Black PL. You can also after it skims drier on the surface, wet the surface and use your putty knife or hand to smooth it a little more.
I used maybe 30 to 40 tubes on the boat which is 37 foot. I thought it gives real good coverage, so perhaps $250 to $300 is what I spent.
I also skim coated the rudders and the struts to seal them from salt water. I coated from bow back 10 feet, the entire transom below waterline, the entire keel, and about 5 feet forward from the stern the entire area. And topsides the bow. I rescrewed the forward planks where it meets the stem, and cleaned out all old caulking and used Black PL in the seams, totally seals this from water. This gave it a lot more strength and will absolutely keep fresh water out. The black PL being a resilient rubber it wont ever crack. I coated aft the sides going forward 10 feet. I only used milled fibers on the bow underwater area.
When I used the 1/32 milled fibers, (they are fiberglass), I did this on the forward underwater part of the hull going from bow back about 10 feet. Mixed in about 30% fibers which act as an extender and also a toughener to the rubber.
I really liked the surface it created. Having fibers in stiffened the mix and so made the surface coating a little thicker. It also sanded ok, and on some ridges I used a steel wire wheel in the drill and it came out beautifully smooth, no water needed, do this dry.
I tried a wire wheel on Black PL without milled fibers and it created some small craters in the surface, was very hard to wire wheel without the milled fibers. With a wire wheel and the milled fibers mixed in, it worked extremely easy to smooth out the surface, not that it was really needed. To mix in fibers, I used plywood, squeezed out Black PL spread out on the board, then put the milled fibers on top and worked it in. It reminds me of working with bread dough like when rolling flour. abut 30%to 40% is what I used of fibers to 70% to 60% black PL.
I found filling the seams with black PL to be easy except I did one side with the sun beating on it and some entrapped air caused some areas to bubble out which is hard to fix if you want a certain look like seeing the seams. So the best thing I found for filling seams above the water is the Dap Dynaflex 230. Very easy to fill seams and fix them. Can be hand wet sanded or power wet sanded the next day or if real hot, same day. After a few days it dry sands too. Then over top skim coated Black PL.
Another interesting think about Black PL, after it sets a day or two, if you heat up a tool like a small screwdriver with a torch, you can melt it, I did that in some of the seams to remove material to show the seams, because sanding seams is almost impossible with Black PL. Not fully cured, heating Black PL turns it into a black grease, then you use dish soap and a scrunge and can scrub it off. If you wait too long, the heat method no longer will melt the Black PL.
When black PL is cured, it is a softer rubber than 5200.
There is one odd thing about black PL on pine wood but not all spots, just some, the sap I think interferes with the cure or the adhesion. The fix is to scrub the pine with dish soap and a scrunge, rinse and let dry then coat. Seeing most of the boat is mahogany and oak, no trouble with that at all.
Some few pieces on the hull, I used some pine and noticed it did not cure in a few small areas on the pine wood So scrubbed with dish soap and a stiff brush or a scrunge, it will remove the uncured Black PL, and whatever chemical was causing that problem, then recoated and it cured fine. It might be that some of the problem was it was pressure treated pine loaded with odd chemicals.