Walking in the woods Monday 9am this caught my eye from a distance. I walked up to take a closer look and discovered a snail with a trail of something that looked like blood. I would like to know if it is harmful.

My google search came up with "Dog Vomit Fungus". ??? I am interested in a scientific name.

Curious if this was indeed blood (harmful to the snail) or just a change in matter once the liquid from the snail touched it? 

Any info would be greatly appreciated. 

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