I have 1956 evinrude fastwin electric 15, runs good. I was doing a test run in a barrel and i noticed all this oil/water froth kind of stuff floating around. When i took the motor out of the barrel the same goo was running out of a little drain hole at the base of the exhaust housing just above the gear case. So i dug in and open it up to find that the inside of the ehaust housing had a coating of the goo. The motor had been sitting for who knows how many years before i got it. I'm running 24:1 87 octane with a splash of seafoam. Any input would be great, thanks for time.