Mike,

Welcome, and congratulations on the new to you bike!

The two holes in the exhaust are just that, holes in the exhaust. They are
there to let condensation drain out of the mufflers when the bike is cold
or off, so you don't get immediately rusty pipes.

The liquid is water, plus a little bit of various other things, but no
clutch oil.

It sounds like you just need to bleed and fill the clutch. It's hard to
tell the level sometimes, the sight glass gets hazy and it can look full
when it's empty.

Clutch fluid on that bike should be just be normal DOT4 brake fluid. Do you
know how to bleed brakes? It's the same principle.

Kurt
On Aug 25, 2015 11:01 PM, "mikesellarole" <mikesellar...@gmail.com> wrote:

> Hey guys,
>
> New NH owner here. I just purchased a 1985 SB700SC off Craiglist. I have
> had the bike for two days. The bike has 20k miles and really does seem to
> be in great condition. At least thats what I thought..
>
> It is a clutch fluid issue. I went to go for a ride this afternoon. It
> started up fine and I pulled in the clutch to go and I noticed there was no
> resistance in the clutch lever at all. I knew something was wrong, but I
> pulled in the clutch again and kicked it into first gear. No surprise,
> stalled immediately.
>
> Sure enough, when I look under the bike, there are two small puddles of
> fluid directly under the part of the exhaust pipes that are under the
> engine. It seems like the fluid was coming out of a hole on the bottom of
> each exhaust pipe (see pictures). The liquid didn't smell like gasoline and
> had the consistency of water (not oil). I can only assume that the fluid on
> the street is the clutch fluid.
>
> I went back to the clutch box. Completely empty. But when I examined the
> tubing leading back and under the tank there were no leaks on the clutch
> box or as far along the tubing I could see.
>
> What the heck happened?! The clutch was working without a problem two days
> ago. Now it seems like all the clutch fluid leaked out of the engine or
> something. Has anyone heard of a problem like this before? Any ideas whats
> going on?
>
> Any help would be greatly appreciated.
>
> Mike
>
>
>
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