Bright fungus

Day 8 DDW's January 2014 Challenge: Wet

On the one day it hasn't rained, yet, so actually quite a dry day. This fungus has been making the most of the recent wet weather, though.

There is an alternative, side-on view, here, which I prefer as an image, but doesn't show 'wet' so well.


Edited to add - after much internet searching, I think I have identified it as "Velvet Shank" or Flammulina velutipes.