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Fomitopsis pinicola
This fungi was growing on an old tree stump, and was producing drops of moisture from it's underneath part...
Many species (and some other genus) have the droplets but I suspect they all don't have them sometimes - if that makes sense. It's yet another minor indicator for ID. The other one (below) is difficult to determine without under shots and it's also a fairly young one. Some species make nice coloured droplets like yellow, orange and even red like blood.
@Argy Bee, do they all drip in this species? So many of these types of fungi look similar, the drips could be a good way to distinguish this variety. Do you think this is the same or do other species drip also? http://www.projectnoah.org/spottings/144...
That's what this one does Pam. Even in dry weather you might see the droplets.
thanks Mark for the ID... Wonder what the drips are? It hasn't rained for days...