Answer:
A precious stone, as clear as diamond. Seek it out while the sun's near the horizon. Though you can walk on water with its power, try to keep it, and it'll vanish in an hour.
What flies without wings? What passes all things? What mends all sorrow? What brings the morrow?
Two little holes in the side of a hill. Just as you come to the cherry-red mill.
I am the outstretched fingers that seize and hold the wind. Wisdom flows from me in other hands. Upon me are sweet dreams dreamt, my merest touch brings laughter.
What type of paper can you neither read nor write on?
It weighs next to nothing but no one can hold it for long. What is it?