Caramel Peanut Balls

Directions

1. 1
   In heavy saucepan, combine nuts, sweetened condensed milk and vanilla. Over medium heat, cook and stir 8 to 10 minutes or until mixture forms ball around spoon and pulls away from side of pan. Cool 10 minutes. Chill if desired.
2. 2
   Shape into 1-inch balls.
3. 3
   In small heavy saucepan, over low heat, melt confectioners coating. With wooden pick, dip each ball into melted coating, covering half of ball. Place on wax paper-lined baking sheets until firm.
4. 4
   Store covered at room temperature or in refrigerator.
5. 5
   Makes about 4 1/2 dozen.