I'd say avoid like the plague.
It'll more likely just block up your radiator more so than fix the leak in the engine.
Attachment 147259
Have no idea what this stuff was, not my doing, but turns out to be a major reason why my V8 was overheating madly!
Needless to say new radiator helped a little, but as it turned out my V8 must have had a cracked block, split liner.
An hour into it's maiden drive it died in a major way.
I reckon a previous owner had put some 'magic formula' to solve what was a terminal issue, but did more harm than good.