. Think I can drill a small hole into the stuck jag thread that is still in the ram rod and pull it out.

Anyone else have any other ideas let me know.

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I bought a small set of left hand turning drills from Harbor Freight and they work great for jobs like this. Usually before you get much drilled the broken part just comes back out with the drill once it has a good bite. Of course you have to have a reversing drill too.