Melt the butter.
Sift the confectioners sugar.
Mix together the sugar, coconut, and pecans.
Mix in the butter and sweetened condensed milk with the dry ingredients.
Chill the mixture for about 20 minutes
Roll into small balls and place on parchment lined cookie sheets.
Place in the freezer if you can. If not place back in the fridge.
Over a double boiler start melting the paraffin.
Once it is 1/2 melted toss in the chocolate chips and stir until melted.
Take your balls out of the fridge or freezer and poke in a small wood skewer.
Dip into the chocolate and put on to the parchment.
Sprinkle with colored sugar or sprinkles if you like.