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^^^^^^ my 2 cents.
Doesn't sound good to me either. Your "ticking" sound sounds more than a worn valve guide which is a common problem. I rebuilt the top end 35k miles ago to fix my valve guides and the ticking I had went away at considerable cost (victim of slippery slope).
I suggest running the motor as little as possible while figuring out the cause. Others here will hopefully have additional detailed advice.
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Sold: 1989 3.2 coupe, 112k miles
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