Just a quick update............
After diagnosing the problem of very little compression, the decision was made to pull the motor for a complete overhaul.
After pulling the front end and removing the motor. The various components were sent to the machine shop for the following repairs:
* motor was bored .030 , measured about .018 out of round
* block was decked.
* new valve guides were pressed in
* valve job completed
* head was machined .010
* exhaust manifold was ground flat
* crankshaft was ground .010
Will continue to update as progress is made.....
(edit) The most difficult item to locate has been the head studs. Fine /fine studs will more than likely be made by a local machine shop.
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