Yes it will work, but make sure you use some grade 8 washers or use a backing plate...similar to what I did with my stern eyes...Also my plan is to cut the wood short around drain hole and fill that area with pb so there is know wood directly near drain tube. I would like to know if I can do the same around my deck drains and the holes for the motor bolts. Say my bolts are 7/16" and I drill out a 3/4" hole fill with pb then redrill my 7/16" hole and use large washer to make sure the pressure is on the wood will this work