The only wire connected to the post on the mag is the kill switch.

The carb has clear fuel bowl sight plugs. I usually rock the front end to check the fuel level. I did this recently when I was adjusting the fuel mixture on the carb and there was definitley fuel in the bowl.

Any other ideas? Any idea what component inside the mag could be causing the issue. I know that an ignition module will start to break up at hot tempatures once they go bad, but I am not sure what to look for in the mag. Is this mag even worth fixing if it is indeed the problem? Will I get better performance from an MSD?

Thanks for your help thus far!