Answer:
I am the kind of dog that chases anything red. What am I?
You hold my tail while I fish for you. What am I?
I go up but never come down. What am I?
Lighter than what I am made of, more of me is hidden than is seen. What am I?
What has one eye but cannot see?
It flows out of the soil, It burns you if it boils, And holds us in its coils, More valuable than gold, As black as it is old.