This was observed "oozing" from rotting deciduous stump
Caution: Do NOT use iSpot to identify fungi to eat!
Some fungi are very poisonous so a mistaken ID could have serious consequences.
No interactions present.
See revised identification.
I agree this is Exidia nucleata, which seems to be very abundant this year. Not to be confused with Tremella mesenterica (Yellow Brain) as I did (see http://ispot.org.uk/node/10205) - this can also appear clear when it becomes washed out.
I am often called to identify this fungi by the public and once thought it to a plant gel. I took a sample and sent it to Kew. It was idetified as Exidia nucleata
Wild Flower Society member
Lat/Lng: 52.47220063181, 1.4227294921875
OS grid ref: TM325915
Adjacent to woodland and arable.