Cream together sugar and butter in a bowl;add milk. Stir in almond extract,coconut and nuts;mix well. Form candy into 1 inch balls. Place on waxed paper and refrigerate for 3 hours. Melt paraffin and chocolate in top of double boiler, stirring well. Remove from heat but allow chocolate to remain over hot water.(If chocolate becomes to thick,return to heat for a minute or so to thin). With toothpick, dip each ball in chocolate and place on waxed paper to set.