'70s Murray Wildcat bike project?
I wouldn't day that. I have pulled a bike from a lake. It was an old Schwinn mountain bike and only good part was the frame. I sanded all the rust off painted it and put GT avalanche parts on it. Then got some grateful dead stickers for the cross bars and a metal steal your face for the neck spout. I sold it for 500 and had less than 75 into it.