The owner of this boat asked the yard to torque his keel bolts only there was NOTHING left to torque. Boat is mid 80's..!
These were originally 11/16 stainless bolts that has suffered from crevice corrosion and lost more than 30% of their diameter.
I often hear folks say a wet bilge is nothing more than odor and interior cabin moisture well, it is not and can mean much worse.
This is an expensive repair.. Do your best to keep your bilge dry, if possible, especially if you have an external lead keel..
IF YOUR KEEL BOLTS ARE LEAKING DO NOT JUST TORQUE THEM DROP THE KEEL AND FIX IT BEFORE YOU NEED ALL NEW BOLTS!
As our boats get older and older we WILL see more of this..!!