2000 Bayliner with 5.0 liter MerCuiser with closed coolent system. Engine was rebuilt in 2004 and this summer noticed that water in closed coolent system was loosing coolent by a quart or a bit more every hour of operation, which in turn activated the alarm. Once I refilled system I could run some more. No water or antifreeze in Oil. Enging runs great. Have no idea where water is going. There is none in bilge area, none on intake. I see no sign of it anywhere. <br />ANY IDEAS?<br />THANK YOU