"Bleedy" Splash Screen:

Being at home on break and having left most of my tools at college, I made use of my resources and removed the modchip from the system, and hit the motherboard with a heat gun for a short period of time, plugged it back in, booted it up, and the screen looked normal, no bleeding, until the system had cooled down again.
Heated Board Splash Screen:

Once the system cooled down the problems came back.
Does anyone have any idea what I should be focusing on repairing here? Chips in particular I should try to "reflow" when i obtain my flux pen?
EDIT: image resize

