Success!
My new Lyman mold had a base pin handle that was not very sturdy. It failed after only two casting sessions and the wooden handle broke right off. The wood was too thin and the poor fit of the handle made it so that I could not easily repair it.
Being a new mold I contacted Lyman and requested a replacement handle. Lyman blew off my request and would not do anything for me. Rather than waste my time kicking up a fuss about the warranty I came up with a repair of my own.
A quick look around the garage turned up this steel handle from a water valve. Welding it on was a quick fix and it works as good as new. Even better really, because the shape of this handle affords a better grip and prevents the base pin from rolling away the way the original would do when you set it down. Only down side is that it adds a few extra ounces to the weight of the mold.....not a big problem.