After breaking two bolts so far, my biggest fear has been the stem. As we all know, stems and seat posts that have had years or decades to rust in the bike can sometimes be next to impossible to remove without destroying something in the process.
Once I drilled out the broken fender bolt in the bottom of the fork, I rotated the bike upside down and started a daily IV drip of PB Blaster through the hole for the rest of the week. With some trepidation I finally put a wrench to the stem bolt and went for it. With a dry screech it moved just a little! I knew then that victory was near! I gradually worked the bolt back and forth to get the PB to penetrate deeper into the threads and eventually got a full turn.
With the stem bolt loosened about 1/4" I was able to knock the wedge free with a nylon hammer. The only thing holding the stem now was the rust that had it welded tight inside of the steer tube. After an admirable fight involving a steel bar, a hammer and sweat, little by little it's grip was loosed. Success!
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As you can see in the photo I also removed the crank (with much less drama) and can now get all of the bearings and races cleaned and ready for fresh grease.
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