Well, you kind of answered your own question. If there is coolant seepage at the head gasket, you will need to address that at some point. Old torque specs were 65 lbs, new ones are 80 lbs. However, if that is the old gasket, not sure I would go all the way to 80 lbs without replacing it.
If the old girl is doing the work you need her to do, and no fluids are leaking massively, just go with it. If you want to fix the coolant seep, replace the head gasket, they are not that expensive. Also, is the damp area oil or coolant. I assumed coolant, but didn't think it could be oil and the valve cover. I have a BN that runs good, but seeps coolant out mag side. I have to add coolant maybe once a year, so I haven't gotten all worked up about it yet.
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Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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