but I do not understand where the timing pointer goes? I'm not familiar with this timing chain cover, is it correct for this motor? What is this mounting point used for in photo (see attached photo). If this is where the pointer goes would you post a photo with pointer mounted?
Is that the dip stick tube behind that odd looking boss? @MustangIIMatt has an early (mustangII) 302 that has the dip stick tube there. He may have some insight,
To me that looks like a crank sensor mount
Back in the day there was an adapter that went there to check timing. There was another adapter that went on the later metal timing pointers too. I believe it hooked up to something like one of those big SUN machine computer things from ancient automotive history.