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Penguin Solutions Inc V.SGH


Primary Symbol: PENG

Penguin Solutions Inc, formerly SMART Global Holdings, Inc., which is engaged in providing advanced computing, integrated memory, and optimized light emitting diode (LED) solutions. The Company’s solutions include artificial intelligence (AI), high performance computing (HPC), Cloud, Embedded Computing, and Data. Its AI solutions include Penguin Solutions OriginAI, and Generative AI. Its HPC solutions include InsightHPC, AccessHPC, and TrueHPC. Its Cloud solutions include Scyld Cloud Central, POD, and Cloudbase. Its Embedded Computing solutions include Military. Its Data solutions include LiveData, ActiveData, DeepData, and DataNexus. The Company’s services include professional services, managed services, data center services, design services, and project management services. Its portfolio spans compute and application servers, storage and high-speed interconnects for HPC and hyperscale data centers. Its core products in these areas are, such as servers, storage and switches.


NDAQ:PENG - Post by User

Post by VenturistAllyon Jul 22, 2016 1:15pm
56 Views
Post# 25076416

Projects - Gold and Lithium - huge upside

Projects - Gold and Lithium - huge upsideOn their website the following overview is the only project I see (Diego Project)

plus I assume they havnt updated the site with the 8 lithium properties yet

So we have a gold and lithium: 2 of the hottest commodities on the market in one of the best mining jurisdictions in the world.  only 50 million shares out - considering the way the market has been going for gold and lithium we could see some crazy upside. Real good junior resource plays who take the time to get things right will in my opinion do amazingly well over the coming years.   cheers and good luck

Overview

The Diego Property straddles the regional Opawica-Guercheville shear zone within Quebec's Abitibi Greenstone Belt. This shear zone is well known to host economic gold deposits. The past producing Joe Mann mine (4,289,221 t @ 7.56 g/t Au and 0.23% Cu) is situated 40 km's to the east, and the recently re-opened Bachelor Lake Mine is situated approximately 80 km's to the west. The project has a gold rich trend with a minimum strike length of over 6 km's.

Gold mineralization is very similar to the "Osisko type mineralization" as seen in the Malartic mining camp. Osisko Mining Corporation's Canadian Malartic mine hosts a total of 10.7 million ounces of Proven and Probable reserves).

Location

The Diego Property is located 40 km's southwest of the town of Chapais, in the Province of Quebec.

Area

The property covers 49 contiguous claims covering a total of 4,300 hectares.

Ownership

100%

History

Historic drilling on the Diego project outlined an 8.0 kilometers by 1.2 kilometers porphyry intrusion that hosts several gold halos of which the main one is 2.4 kilometers by 0.3 kilometers. In 2010 the previous operator, Cartier Resources, validated the potential of the project through a field reconnaissance where results from surface grab samples* produced 5.02 g/t Au, 4.83 g/t Au and 4.08 g/t Au, 2.01 g/t Au, 1.55 g/t Au et 1,16 g/t Au.

Geology

The property covers a prospective regional deformation zone that straddles the contact between volcanics and sediments. On the property the gold-bearing structure is confirmed with previous drill intersections featuring gold mineralization over widths up to 160 meters. Numerous altered and mineralized (gold-rich) felsic intrusives are hosted at the volcanic-sediment contact within the deformation zone.
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