Source: seed-brazilian
Combine the condensed milk, cocoa powder and butter in a heavy-bottomed saucepan over medium heat, stirring constantly with a wooden spoon to prevent sticking and ensure even cooking. Continue cooking for approximately 10-12 minutes, stirring continuously, until the mixture thickens and pulls away from the sides of the pan when scraped. The mixture should reach a fudgy consistency that holds together when cooled. Transfer the mixture to a buttered plate and allow to cool completely, approximately 30 minutes. Once cooled, lightly butter your hands and roll the mixture into small balls about the size of walnuts, then roll each ball in chocolate sprinkles to coat evenly. Store in an airtight container at room temperature for up to one week.
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