SKS - Cosmoline protection?

harbl_the_cat

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If you were to store an SKS new in box in an unheated structure in a dry area (Alberta) over the winter (over a number of years), should the factory cosmoline coating provide enough protection to prevent it from rusting? For example, an unheated, detached garage?
 
If it's well covered in cosmo, no worries. As I understand, the process they used for covering them in cosmo was to just dunk them in a vat, so they should be pretty well covered throughout.
 
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