Yes, it could, and it's very likely that's what's leaking.
Quotes to live by:
guessing gets expensive
nothing is more expensive than a cheap BMW
buying a ratty example (of a BMW) is a parasitic relationship.(and you ain't the mosquito)
Ken Kanne, Silverhill, AL, E36 Forum Mod/Craigslist addict/Hoarder of all sorts of stuff
1995 318is "Bebe"; 1993 325is "Elvira" 1985 635CSi "Katja" 1984 633CSi "Sylvia"
HAVE I HAD MY MEDS YET?