IMHO,#1- You could play with it thru the winter to try to bring it back to life with the rust solvents and steel wool.
#2- Use it as a wall hanger ?
#3- Take a hack saw and cut it up and junk it !
#4- Buy parts to rebuild it ? A whole new Wolf cost from $180 to $200 ! Parts would be way beyond that !
#5- Have gunsmith work on it !!!! Just isn't worth it !