The engine is 70 hp mercury outboard 700 in a 1958 Glasspar Club Mariner.I just bought this boat. <br /> So before I started up the engine I decided to go over the spark plugs and put fresh fuel in. and when I removed the plugs I noticed sealant around it and when I scratched it all off, I noticed some of the aluminum around the plugs were eaten away. Worse of it is that when I started up the engine, water was squirting out of all three plugs (through the holes in the aluminum around the plugs).<br /> I don't know much about outboard engines, but I know that isn't how it is suppose to be because I could see the water from the holes flowing down the plugs and the wires. So what do you think ? <br />Is there any hope this engine? Could it possibly be welded? If so how much of the outboard needs to be torn down? By the way I only ran it for several minites but the engine seems to run fine.<br />Thanks<br />Tom