Hey Gary, have you read the edge burnishing how to by hidepounder in this section? Real good info.
I assume this is what you intend to use the beeswax mix for correct?
It seems to me that everyone will have a different formula and just as many opinions on the matter. It's somewhat a "to each their own" kind of thing.
I have heard of people making a beeswax mix as fredk describes to be a leather conditioner and finish, but personally not as a edge dressing for burnishing.
When I burnish I just rub a block of beeswax on my edge then work it in with canvas. This happens after the major burnishing is done with my super secret burnishing liquid recipe...(water with a squirt of dawn...shhhh! No telling!) Then after the wax and buff, I sometimes seal with resolene. Just how I do it, certainly there are other methods. Just gotta find the one that works for you
Oh, also, parafin works all the same. And some people mix parafin wax and beeswax to make their own concoction, yet again... Haha