http://www.smooth-on.com/a129/Introducing-NEW-Epsilon%3D-EPS-Foam-Coating!/article_info.html
Imagine taking a foam pack, coating the outside with this stuff and then fiber glassing overtop of it for added strength (If needed). Flipping it over and disolving the foam with something (Laquer thinner, gas, etc.) . That would leave you with a mold. Spray with mold release, gel coat, then fiberglass. Then you could pull a fiberglass shell from it…What do you think?
I think it would save a ton of money over mold rubber, clay, etc at $90 a gallon. If it worked, my only concern would be how many shells you could pull before having to remake the mold. Just a thought though. I don’t have the $$$ flow to try it.