[Critter]

Originally Posted by bryanw1968

Good chance it's the TC bolts. I had a '66 that had a BAD knock because of that.

If that's not it, you could have some stickiness in the valve train since it's been sitting so long. Through some Marvel's Mystery Oil in it if tightening the TC bolts doesn't help.

Also, I've never seen loose TC bolts make oil come out of one side of the motor

Yep, the oil spray from the tailpipe is what scares me. I didn't notice it doing it when I parked the thing. I was thinking though, it has been sitting for a while, maybe the oil was only from startup. Honestly, I really havn't had a chance to watch it real close. Same goes for the T/C bolts. I hope to look at it again tonight or tomorrow. Jtrux, I might be taking you up on your compression guage offer. Thanks for all the suggestions guys!