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Not sure but the rear drop outs are the same as the Taiwan produced Schwinn Predator that I have. These were very common and can be seen on a number of different brand bikes. The front one is a little less common, but a few bikes did have them including the Falcon range of bikes.
Mine rode really well, but it soon cracked around the seattube, on either side of the hole at the bottom of the slot. Probably due to that GT seatpost, the flex has to go somewhere I suppose. A guy at a local garage brazed it up for me and it was 10/10 for the following Summer, by which time I'd changed so much stuff it was a different bike.Yep, Z-Rims and MX brakes, with CW bars and Oakley grips.As far as value I've no idea, but IMOHO probably not all that much unless it's absolutely mint-condition.
I have a black frame pad with white writing.pm me if your interested?
Vegan,Some of the Falcons had the exact same holes in the gusset too. The Theta model definately did.The drop outs on the Suzuki above look a different shape to the ones on your frame though.It may be that you cannot positively id this frame to a particular manufacturer, but the good thinkg I guess is that you can then select what it is you want to build it up as!