Fresh engine, wiped cam? Tick? (new pics added)

you can get both lobes for a cylinder on the base circle at the same time. just rotate the engine slowly until both lifters are bottomed out.

This should help you understand what you are dealing with:
http://image.chevyhiperformance.com/f/18049893+w750+st0/0905chp_04_z+lobe_separation_angle+chart.jpg