Even if you "stop" the leak by gasketing the nuts and washers on the inside, all that does is hide the real damage. And "real damage" can lead to broken rods/bolts. Not to put too fine a point on it, but keeping the keel attached is Really Important.
What happens when water penetrates up around the threads on the ss threaded rods (aka "keep bolts") is that the threaded portion will corrode. Longer this goes on, the weaker they get from loss of thickness.
Better by far to recognize that rebedding a keel is just one of those Preventative Maint. jobs that comes up every couple decades or so on all boats with external keels. (Internal ballast has its own long term maint. problems, and they can also be labor intensive.)
It's a straightforward job -- the yard (if it's experienced and well equipped) will have a system of special props or a steel upright "cage" to move info place around the keel. With the hull supported in the slings of the travelift, they will undo the nuts on all the bolts and lift the boat off the keel about a half a foot.
Hopefully (!) all they will find is water around the interface between the hull and top of keel casting and some surface rust on the threads.
They'll clean it all up, apply a
Lot of sealant, and lower the hull back down on the rods. New ss washers and nuts, and torqued 'em all up. Clean up all that new sealant forced out on the outside.
Then you're good for another 20 years. This should run you under a couple of B.U.C.'s. If you need to have any "bolts"/rods replaced, that will up the labor bill considerably.
Given that I have personally seen a lot of poly filler used on a new '78 H-27 keel where the original casting had a
Very uneven cast top, do not be surprised if you find something like that too.
I have done all this on our present boat, 'bout a decade ago. What with an excellent job of rebedding done, I do not plan to have to do it again.....
Regards,
Loren