just performed a compression test and leak down test on my new to me 84 4x4. The numbers are as follows
compression- #1-150psi...#2,3,4-170psi

leakdown- #1-65%.....#2,3,4-35%
Durung leakdown test cylinder #1 was leaking through exhaust and out through the valve cover(PCV hole)

Cylinders 2,3,4 were mostly leaking through valve cover( PCV hole)
Sounds to me like leakage could be caused by bad valves and valve guides. Am I right in this?