It sounds similar to what I have on my 69 Valiant. It's a low hanging son of a buck, too.
There is a better mounting bracket available from Energy Suspension that mounts it alot better than that single bolt deal.
i have seen some nice mounts, but i dont want to wait to order more parts or spend the money. i think i have it figured out to where i can flip flop the design and get the bar higher than the bottom of the K frame, might be close to the harmonic balancer but it looks like it should work. going to attempt to get the best pictures i can and post them for all to see.