Same problem & my fix
Tom, I had the same problem last year on my '27. I was installing a new roller furling system and took down my mast to check wiring, standing rigging, etc.. Found corrosion at each fitting. My fix was after removing everything from the mast I sand blasted the entire mast down to bare metal. Made very sure I removed all corrosion from the pitted areas. I then filled all pits with JB Weld. When hard I sanded and smoothed the filled areas. Painted the mast with three coats of epoxy paint and let set for several days to cure. While waiting I bead blasted all stainless parts and buffed bright again. I also did my spreader arms, mast cap, all rollers(sheaves) and pins. I then borrowed an industrial air pop rivet gun and put everything back together. I live in north Florida so I sail all year long, right after install the furling and putting the mast back on the boat we took a two week sailing vacation down the west coast of FL and back across the Gulf. So far no problems at all with the mast. Oh, I also did the boom while I was at it. I checked it pretty close last weekend, no signs at all of returning corrosion, so I guess it worked. Harry Asbury on Dolly Phynne