Good find, Be careful that you don't make it into a nice bike and then next term time get the "that's my bike" line.
Just found this on a street corner. it had been dumped by one of hundreds of students leaving falmouth.
Ignore the crank and the wheels.
I have an old shimano 600 set to go on there along with some old weinman brakes and levers. with ambrosio stem and bars.
I have enough parts kicking around to build it up as a winter beater, all i need is a 27" wheel set (the wheels on it were made entirely of rust).
Bloody students!
Good find, Be careful that you don't make it into a nice bike and then next term time get the "that's my bike" line.