I got the bolt out!!!!! YAAA...
I had just enough of the back of the bolt sticking out the rear, thank goodness it was a corner bolt. Enough to rest the ground up againist. I then used the MIG welder and welded a few spot welds on top of each other, tapped the side of the head with a hammer and used a small pair of Vise grips. I built up the weld just large enough to fit the Vise grips. I had to do it three times though, the first started to turn and the weld broke off, the 2nd didn't really even connect much and the third worked. Thanks alot for the help guys, I don't even need to rethread the hole, the threads are fine other then were I hit it with the drill bit on the first 2 or 3 threads, but no big deal, it has about 12 to 15 more to hold on to. Just need to run a chaser down it and I should be good to go.