@dlochner 's video is good. A nice trick I have used many times is to take a piece of thick plastic sheeting (visqueen) lay it over the ground out area and trace it with a sharpie onto the sheeting. Imagine the video above... lay the plastic over the area and trace. Use that as a template of your first layer of fiberglass. Cut it out and lay it to the side for later. Then cut about 6 to 10 more with each one getting a bit smaller but with the same shape. Stack up all of the cloth pieces smallest to largest and lay them on another plastic sheet and hold it up to the hole and see how it fits. You want to height of the stack to match the depth of the hole and all of the edges to meet up. You may have to adjust the diameter of a few pieces but once you get it right then....
1) Lay out a fresh piece of plastic and put masking tape around the edges with the sticky side up. (you are going to tape this plastic to the hull later and this will make it easy later).
2) Wet out each piece of cloth (smallest first) with epoxy resin and squeegee out the excess resin on a scrap piece of plastic and then lay it on the piece tapped out in step 1. Repeat for all of your other pieces.
3) Go to your ground out area and tape the plastic and all of the wetted pieces into the ground out area. Let it sit until the epoxy has set.
When you remove the plastic, you will have a relatively nice and fair finish. You will have to do a little grinding and sanding but then the next step is three layers of barrier coat epoxy and then bottom paint.
On barrier coat.... I buy mine at James T Davis paint store and it is sold as barrier coat for fiberglass swimming pools. It is about 30% cheaper because it does not say Marine on the label.
![Biggrin :biggrin: :biggrin:](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
If you are worried about it working as well, just go with four coats instead of three and you are still coming out ahead.
Edit... you can do this same thing from inside the boat also. But not instead of. I think adding six layers of cloth on the inside stem at the point of damage would give you the pease of mind to know your stem is solid ... even better than new.
One more edit.... This may sound like a lot of work but it will only take you about 2 hours. Grind and fair one weekend, ...pressure wash off the dust... then let it sit a week or two to dry out. Get all of your materials laid out and the fiberglass piece takes an hour.
I've done this a dozen times and it really is easy.