So I've pulled it apart and there's a main o-ring around the diameter of the pinion housing that slides into the tranny. Then there's a gasket on the interior where the speedo cable connects. The pinion shaft goes there there and there is a small spring surrounding the gasket which causes it to seal against the pinion shaft.
If I can find the parts, I'm going to replace the o-ring, pinion and pinion shaft gasket w/ spring.