Welcome to "testing and starting old engines that have been sitting a long time 101"...lol
First you must have a manual for your truck to do this. You can get a decent Haynes, Chilton, or a factory manual at your local parts store or on ebay for under $20.
If you don't have one - borrow on from someone or somewhere and read the section on tune-ups, engine compression testing, and trouble shooting an engine that won't start. Write down the compression specs for your particular engine and keep it handy for a reference. Then get your hands on a decent compression tester.
Once you have done all of that:
Pull the plugs, pull the coil wire off, rig the throttle wide open, screw in the compression tester (carefully now - you really don't want to screw up the threads in your plug holes), crank it over a few times, and then read the guage.
Watch the guage carefully for a slow leak that causes a drop in pressure right after you finish cranking it over. If there is a slow leak or no pressure in one or more of your cylinders...more than likely your head gasket is leaking between cylinders.
If there is no leakage, and the pressure looks too low, unscrew the compression tester, pour about a teaspoon of clean/fresh motor oil in the spark plug hole, screw the gauge back in, and test the cylinder just like before. If the pressure went up from last time, then your rings are worn/leaking. If not - it's more than likely a problem with your valves.
(BTW...make sure you release the pressure out of the guage on the tester between tests or your readings will all be wrong.)
IMPORTANT: If the truck has been sitting for a long time - NEVER use that old gas to start it up. You need to drain/siphon the gas out of the tank, blow out the fuel lines, and use fresh gas - or you will really screw up your carb.
Be carefull - even old crappy gas is highly flamable!
Draining the old oil and coolant and replacing them both with new/fresh oil/antifreeze is a darn good idea too.
I personally would also recommend that you squirt a little WD40 into the plug holes, and turn the engine over by hand first, just to make sure the piston rings aren't stuck to the cylinder walls and to help re-seat the rings before trying to start it too.
And remember to check and verify all of the basics - your engine has to have spark, compression, fuel, and properly timed ignition firing to run.
Always start you problem-solving search there first.
Good Luck!
Hope this all helps ya!
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