You have two wires coming from the stator that plugs to the regulator, The third wire activates the regulator and is also the path for re-charging the battery.
You should have battery voltage on this third wire with either the key on or off at the regulator, If you don't check for a blown fuse/broke or corroded wire/connections.....
Originally Posted by piston slapper
You never learn anything until you admit you don't know it all...
"Why go out preserved when you can go out beat up, worn out, sliding in sideways screaming, Holy Sh!t What A Ride" !!!