Dick snot is indeed semen but is more accuratley used when referring to [jism] dribbling from the eye of the penis (as opposed to shooting) as regular snot does from the nose when you have a cold. \n> After releasing a generous [wad] of [ball-sack bolognaise] into the eye of my girlfriend, she gleefully slurped the remaining [dick snot] from the head of my penis.\n