Oil in Magneto Housing - '94 SPX

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egaudreau

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I just bought a '94 SPX last week, and discovered that the charging system is not working. I checked the resistance of the charge coil and it is open. I pulled the cover off of the Magneto housing, and to my suprise got a bunch of oil coming out of the magneto housing. I'm assuming this is not a good sign, possibly a motor seal or something like that? Can anyone offer any advice regarding oil in the magneto?
 
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