At 60 psi my guess would be leaking valves... Quick and easy test, spin it around to top dead center, get a blow gun with a rubber tip on it, pull the plug and hold that tight into the plug hole and blow some air in, quick and dirty leak check, air blowing out the exhaust or carb and you know its a valve issue, and if thats the case other then checking the valve lash i would say its time to tear off the top end. Not all is lost, i have had plenty that the only thing wrong from sitting was a leaky valve. On my current 82 200E project one valve was partly open as it sat for 15 years, the seat and valve were rusty and pitted. A quick valve job on it and i went from 145psi to 160, and it runs great. Before it would run but it sputtered a lot and had a miss at idle due to the leaking valve.
Of course if you gotta pull the top end apart to fix the valves you might as well go through it all... But a quick and dirty hone job and some rings along with a valve job might bring it around. I did a lot of them like that and they have run for many more years after. Just depends on how much you want to put into it.
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1984 Honda ATC200ES "Big Red"
1982 ATC200E "Hondie"
1988 TRX300FW "Project Quad" Still in progress....