I use mineral oil for lathe work that will touch food. Really good for that. I don't think it would bleed after it was on for a while, but it would probably be best to wait a couple of days between applying it and skinning the boat. It would likely repel whatever you coated the skin with if it does bleed.

Matthew

: I will put some on some scrap and see what happens. I keep it for cutting
: boards.

: Can't imagine it why it would be any worse than tung or linseed oil.