OH Ya we get those Canuck bikes down this way, not often though eh.
If the wheels and derailleurs are in good shape you can always stripe it and put the parts on a better fitting frame.
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“One morning you wake up, the girl is gone, the bikes are gone, all that's left behind is a pair of old tires and a tube of tubular glue, all squeezed out"
Sugar "Kane" Kowalczyk