I have a 1992 Mercury 3 cylinder 50HP and it is squirting water from a hole in a housing on the top of the motor - same side as the throttle linkages. I presume this is the thermostat housing.<br /><br />The hole in the cover is about an eighth of an inch in diameter and looks like it is meant to be there. <br /><br />Any ideas?<br /><br />Thanks.