Yes. The spark plug in #3 is fouled. Spark Plugs for the other 3 cylinders are okay. I have downloaded a pdf file titled "MISFIRES" and according to it:
"If the plug is fouled, this is the reason for the misfiring, but you must still determine what has caused the plug to foul. Heavy, black, oily deposits indicate that the engine is burning oil. The most likely cause is worn valve guide seals and/or guides, but worn rings and cylinders can also allow oil into the combustion chamber. Replacing the spark plug will temporarily cure the misfire problem, but the engine will continue to foul plugs until the oil consumption problem is corrected."
Here's the thing, replacing the plug will NOT temporary cure my misfire problem because I get NO SPARK in cylinder #3 in the first place. If it has a spark and it get fouled, then I can consider that the engine needs to be serviced. (Catch22 perhaps? )
Do note the dry compression test came out okay.
Another type of plug fouling is:
"Carbon fouling, can be recognized by a buildup of soft, dry, black deposits on the plug. Carbon fouling can be caused by an overly rich A/F mixture, overly retarded ignition timing, too cold a plug for the application, or faulty ignition wires."
Will do a spark test tomorrow again. In the meantime lets enjoy the night by welcoming 2015.
Happy New Year to you and to all fellow members in Tsikot.com!!!