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Project Noah Nature School
Polyporus squamosus
Spotted on Aug 4, 2011
Submitted on Jan 21, 2012
3 Comments
Thanks Gina
Thanks Vlad
Yep, it's the Dryard's saddle or Pheasant's back.
http://en.wikipedia.org/wiki/Polyporus_s...
I think you're right, this looks like an early stage.