Thanks for the response... The air tank and the cylinder on the gun show the same and it does take a charge. I changed an oring on the top of the brass valve directly after the cylinder a couple months back because the gun lost all of the air. I replaced it with an oring from Ace hardware and it obviously was not durable enough as when I just took the action apart, that oring was the first one I saw and it was already broken up. The first couple of times I took the cylinder off, it had sharp abrupt spurts of air that discharged when screwed on and also when screwed off. However, now after a few times of doing that, it no longer does those sharp spurts of air. As I screw it on it will just have a slow leak that I can hear at the base of the cylinder until I tighten it up all the way then the leak stops and the cylinder holds air and the needle on the gauge does not move. When I let the cylinder bleed off air until it is very low, I remove it and I can push an allen wrench into the end of the cylinder and the valve releases what air is left in the cylinder. So it appears that the valve on the cylinder holds air and releases when pushed. I would guess that the issue is inside the rifle. There were a couple oring's that were completely compressed when I took it apart to see what I could find. I replaced all of the orings in the front half valve body. Kind of at a loss for what else to check right now.
Thx
Dan