A month ago, I acquired a pre-serial-number (1966 or 1967) Savage Fox B-SE 12ga for $300 to use as a basic trap gun and eventually a chukar gun. First time out, after running 50 shells through it, the shoulder stock came a bit loose, but nothing that couldn't be remedied by re-tightening the bolt that holds it in place.
Second time out, 20 shells into a line, the forearm breaks loose. After some investigation, I find that one of the screws that holds the wood beavertail on to the metal forend has snapped off. The part that broke is screw #47, which attaches the beavertail (#46) to the forend (#41) in the following diagram:
The screw broke off completely, with the lower part still in the forend screw hole. It also seems to have slightly bent the threaded hole for the screw in the forend. The old trick of grinding a slot into the top of the screw nub and trying to back it out doesn't work. It's really wedged in there.
I may eventually just take the thing to a gunsmith to have it fixed, but I have a few questions for those more knowledgable about these things than I am:
1) Is there some kind of easy fix that I'm missing here? I supposed I could try drilling it out, filling it with JB Weld, and re-tapping it, but I don't have a drill press.
2) Is it fixable at a reasonable cost? I don't want to spend a lot of money fixing a $300 gun.
3) Why would something so basic to the function of the gun break off like that? Should I be more worried?
Any thoughts or advice are appreciated.