Funky fungus

Reagan

5 year old buck +
image.jpg We found this growing in the back yard after some much needed rain. I am sure this area has roots from a dead ash that we cut down after the EAB attacked it.

I was afraid the new puppy might chew on it so I tried to remove it with a shovel. It was more of a goo than a solid mushroom type of fungus. After the inside was exposed to air, it turned a dark red that made it look even more sinister.

Edible?
12 hour happy trip?
Poison?

I have never seen anything like it.
 
I cant' say I've ever seen that in person or in a book. I'm puzzled.
 
we call it puke mold.......
 
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