ok gentlemen. I'm no expert, but I have done a few tests from what you all have been saying. PCV valve? Yes. I ran one from my valve coverto the carb; same thing white stinkin' oil out the back.
I also took a spray bottle with gas and sprayed fuel where each intake runner is; rpm's remained at normal idle. I was really hoping for a warped intake, and have a cheaper way out, but I doubt that is it now, unless I am getting a leak from the lifter galley only?. What is left but bad rings that never seated properly or have degraded during the 10 year period of sitting?
Also, I am using the hi quality fel pro gaskets as well. I can tell that you gents have more experience than I, and I hope to get to the bottom of this soon. Thank you again for your responses.