What year is the boat? Very early generation comptips were different than the final version. The early comptip was a little shorter and was above the mast tang, held in with a bolt through the mast. The later version starts right above the mast tang and the ferrule of the comptip extends into the tang area, so the mast tang rivets also hold the comptip in. If you have the early version (mid-1980’s), then it’s very possible someone added some extra rivets to try to stiffen it up.
Either way, if the tip is sloppy, then shimming with epoxy is the way to go. Personally, I would use West Systems six10 epoxy. Very easy to work with since it is pre-thickened and can be dispensed with a caulk gun. It will give you much more working time than bondo, which could kick off in only a few minutes, before you get the comptip fully inserted and positioned where you want it.
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