Thanks for the quick reply Hotrod Lincoln. I talked to my mechanic who agreed with your opinion. Asked me to yank the oil filter and bring it down so he could cut it open and look. Did that and he said oil don't look bad at all. When we first started the rebuild we had greased everything up with cam lube,used Valvoline VR1 and even put some ZDDP in. Engine was revved right for several minutes and everything looked good. The lifter that was loose was intake on number 5. I don't recall a "Cam Card" but according to Patricks the specs are 264, 19/53, 65/19, 436. I'm kinda in the bummer mode right now but the mechanic who is also a good friend is gonna come by after work and were gonna take the side cover off and take a look. I also checked the bolts that hold my coil on and I don't think they're an issue. I'll keep you informed.
