Almond Joy Balls

In a large bowl of an electric mixer, cream together sugar and butter. Stir in condensed milk, almond extract, coconut, and nuts; mix well. Form mixture into 1-inch balls. Place balls on a cookie sheet lined with waxed paper and refrigerate for at least 3 hours. (Or freeze until firm.) Melt chocolate in the top of a double boiler, stirring well. Remove from heat, but allow chocolate to remain over hot water. (If it becomes too thick, return to heat for a minute or so to thin.) With a toothpick, dip each ball in the chocolate until set. Place back on waxed paper and chill until set.