Dave,
I went through this process several years ago (2002). We used poly resin. I was lucky in that I happened to meet a guy (Ben Gallup from MO that posts here once in a while) that had done all of this before and he helped me every step of the way. Here is the process that I went through:
1) build a boat (I built a modified Kara with a more pointed bow and a transom) This becomes the plug. EVERY detail of this boat will show up on the boats you make, including any blemishes, etc. My boat came out looking rather similar in shape and size to Ira's Fatboy boat. Makes sense since we had a lot of the same people and places inspiring our designs.
2) built a 2-part mold from the plug. Top and bottom halves. Make sure that you plan how you will fit the two halves together! We made the top mold a bit wider than the bottom. If you want to re-use the mold several times, then you will want to have a gel-coat on the inside of your mold. This is the same material they use on truck toppers, etc. It's extremely slick so that the part will slide out easily. If you are only doing a few casts, then you might be able to get away without this.
3) wax it like crazy! This may be out-dated, but Ben, my mentor, believed religiously in this. We used mold-release wax that can handle the temperatures created by the curing resin.
4) spray interior of mold with a thin layer of plastic like compound. I forget the name of this material, but basically it forms a cellophane like layer over the entire mold and keeps the boat from sticking.
5) spray in a layer of gel-coat which will become the outside coating of the boat
6) lay in the fiberglass mat and resin for the boat. We typically used a couple layers of glass.
7) Let it cure and then pop the part out (not always as easy as it sounds, it usually involved a crow bar and some shims to get it to pop out. Professional molds are built to handle this much better than ours)
8) fuse the two halves together and voila, you have a boat.
Counting the plug, mold and boats, I built 9 boats that year from March when I started the plug through the end of August. The boats went to various friends if they paid for materials and helped make their boat (plus a bit to help pay for the mold). The price of materials was probably around $300 per boat. Add in the expense of the plug and mold, and for a single boat you'll be at the price of a new momarsh, etc.
Depending on the size of your boat, you can lay out the two halves in a day. Put it in the sun and it will cure pretty fast. We were safe and usually let them sit for a couple of days before popping them out. Then it would take a few hours to get them fit together and a day for the seams to cure. I would estimate about 10 hours for two of us per boat once we had it figured out. The plug took longer to make as did the mold.
My boat is doing great after 7 seasons of moderate use (10-20 days each season). It weighs in at around 80 pounds. Using poly resin is fine for this application, that's what the commercial boats such as the 4-Rivers and MoMarsh boats are made from and it's MUCH cheaper than epoxy. I use a 3.3 hp motor on it and it works great for shallow marsh areas.
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