Been there and done that. What happens is that you get some slag or other foreign material in the valve. The valve on a bottom pour furnace is a simple device. it is just a rod with a reduced section on the end that sticks into the hole where the lead comes out (pour spout). On the top end of the rod is a slot. With the pot hot and the lead molten, use a screw driver to twist the rod back and forth to break up the crud sticking in the pour spout. Place something under the spout to catch the lead and quickly open and close the spout to let the loosened crud come out. That will usually fix the problem. If it continues to leak, you will need to empty the pot completely. If you have an ingot mold, drain your pot into your ingot mold until it is completely empty and then disconnect it and let it cool. When the pot is cool, disassemble the rod from the pot and look at the tip that closes off the pour spout for crud or flaws. If you find crud on the tip, carefully remove it with a bit of emery paper being careful not to change the dimensions of the tip. Just clean it off. Then examine the pour spout for any crud that had been caught there. Use a copper wire or a wire made of a soft metal that won't scratch your pour spout and scrape out any crud that you find there. With both the rod and the pour spout clean, your problem should be solved. If this doesn't solve it, you will need to contact Lee and tell them about your problem. They are good about correcting any manufacturing flaws. Your rod or pour spout could have manufacturing flaws if cleaning doesn't solve the problem.