1970 Mach 1 Tranny Leak Question

Hi all! I have a 1970 Mach 1 with a 351W and a FMX Trans. I have owned this car for about 30 years and drive it fairly often in the summer months. My problem is there has been a slow leak coming from the front of the bellhousing when I park the car. It drips a few after parking then stops. I have some skills in wrenching but less in diagnosing. Could this leak be from the convertor? I know theres fluid in the converter and if it is leaking are there seals that need to be replaced or do you just buy a new converter? What else could it be? Im sure theres a front seal for the transmission shaft that could be leaking? I think it could be the converter because after sitting for a while it takes the car to go in gear after putting it in gear especially reverse. Any help is appreciated as I plan on dropping the transmission soon to fix this leak that has been there for quite some time.
 
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Just had the same issue on my FMX. Not the leak but the "won't go into gear right away" It's the seals bad and some of them are inside. I pulled my trans and had all the seals replaced and the converter rebuilt. Cost about $900 and my labor to pull. Don't think there are any shortcuts.............

Good luck