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1980 cb750k broken timing chain?

jayclone80

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hi everybody, this is my first post

just picked up a sweet barn find for $200, 1980 cb750k

was told the timing chain was broken, got it home, pulled the valve cover and the right side engine cover and turned the engine over.
the crank is moving, can here compression, but the cams aren't moving, which tells me the cam chain is broken

but

there is no sign of it being broken? no damage, it is loose but i can pull it out. can it just be way out of adjustment?

thanks for any replies
 
here is a pic of the bike

11033641_10152576488152030_1711856895_o.jpg
 
okay, so with some moving around i was able to pull the chain right out, so its safe to say the chain in broken, so ill be pulling the motor and rebuilding
 
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