Thank you all for your replays
Caveat empteur, but how did you miss it in the pre-buy inspection?
Well, it was my first boat and my first time sailing so...
How ever since than i have lernt a lot about masts and I can say that it is forbidden to use Aluminum & Stainless Steel rivets on a mast.
The problem is corrosion, oxidation & Shearing Stresses .
Use only Monel, its a must!!!
Erez