Any coolant found in the oil probably has done damage to the bearings, entire engine failure usually follows soon, especially if the oil is milky/foamy looking you have irreversible engine damage to the internal bearings.
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Mark V
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1998 Explorer 4.0 SOHC
1998 Windstar GL 3.8
2001 Corvette Coupe 6 Speed
2006 Honda Shadow Spirit 750 http://public.fotki.com/snextime/
If your Exhaust tip is bigger than your cylinder bore, you are a Ricer!
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