I recently installed a toilet and it's been working great, but today I discovered what appeared to be wax, same color and textrue as the wax ring, oozing out through part of the base. Obviously, I missed a spot when I caulked, but I want to make sure there are not likely any underlying problems. There was not, as far as I could tell, any water leakage. The ring is an extra thick, reinforced model from Flushmaster. I figure if it's just wax that got squished (there being so much of it), then just some additional caulking might do the trick. If it's something else, though, I don't want water to be leaking under the base and compromising my subfloor. Any ideas? I'd prefer not to have to remove the toilet and do this all over again, especially if it turns out nothing was wrong.