Randy, it appears to be the solder has cracked on the forearm lug. If that is so then it is repairable. It may have been poorly repaired already. Looks kind of suspect. I had one on a Parker VHE repaired a few years ago and it was completely seperated. I had several other repairs and a reblue done at the same time so I do not know how to seperate the cost. I probably would not have had it repaired but it was a 16ga live bird gun with 34" barrels. Sort of rare.

Tom