Thank you very much, you are exactly right. I have thought of seeing if there is excitation voltage at the starter when the fault happens but I never have another to turn ignition key. I'm thinking on purchasing a remote starter switch to carry to see if that works. But to answer your earlier question, no, there is no click or indication of power transmission. Thank you again and I will take your advice. Starting at the starter is the way to go. I also will purchase a manual having electrical schematics to have an better idea of what to expect. I fully intend to post my findings once this dragon has been slain.
Clyde
If you don't have someone handy to help you, you could buy an inexpensive test light, cut the tips off test leads, keep the test light in the cab with you and extend the wires wiring one end to the "S" terminal on the starter solenoid and ground the other end (anywhere it's convenient). Test the light when the truck is starting okay to make sure the light illuminates. The next time the starter wont crank see if the test light is coming on. If so, replace the starter because the solenoid is faulty. If the light doesn't come on, you're loosing power somewhere.
Oh, one thing I learned a long time ago is to test a test lights right on the vehicles battery before using them. I once bought a defective light and wasted a lot of time wondering why I didn't find power on whatever I was testing.
Possible points of failure to test:
power to ignition switch
power out of the ignition switch
power in/out of starter relay
ground on starter relay
corroded/lose terminals for starter relay in power distribution box
bad wire somewhere
Have you tried putting the gear selector in neutral when it wont start in PARK?
I chased an very intermittent starter issue on a classic vehicle for the better part of 20 years. Replaced starters, solenoids, neutral safety switch, ignition switch. It drove me crazy. I finally had had enough and vowed to fix it. It turned out the wire going to the "S" terminal of the starter solenoid had a partial break in it somewhere, causing too much resistance. While it always carried power when attempting to start, under a load the voltage to the "S" terminal would drop from 12 to 5-6 volts when put under a load. I ended up replacing the wire (which I hated to do, as it was a very correct restoration) but that finally got me around the problem.
Besides a test light, if you don't own a VOM (volt ohm meter) it's a good tool to have when working on anything electrical and provides much more information than a simple test light. I'd love to buy something called a Power Probe, but I can't justify the expense.
Tip: If the starter relay's connection is suspect and the terminals in the power distribution box are not corroded, take a pair of pliers and slightly twist each of the blades on the relay. Doing this will effectively tighten each of the receptacles. (Great tip provided by another forum member).
Good luck and let us know way you find.