"I was thinkin of a thin coat of spar varnish on the metal parts to keep the moisture. from attackin the metal. Sort of a sealant effect."
I have used my stock finish on the entire barrel (in the white with patina) and it held for a couple of years before the finish started to get spotty on the top, the finish next to the stock looked good, 44" pinned longrifle, I have heard that grease on wood can be a problem with the softening/breakdown of the wood, I am not so sure I would go that route,unless all the wood had a thin layer of bedding on it, I feel better with wax/finish or a combo of both.