1 (14 oz) can Sweetened Condensed Milk
1/2 C unsweetened Cocoa
1 1/2 tsp Vanilla
1/8 tsp Salt
6 1/2 C Water (or a combination of water and milk)
In a Large Saucepan, over Medium heat, combine sweetened condensed milk, cocoa, vanilla, and salt; mix well. Slowly stir in water. Heat through, stirring occasionally. Do not boil.
Garnish with your choice: mini-mallows, vanilla ice cream, etc. Our favorite is whipped cream with a sprinkle of cinnamon or nutmeg. YUMMY!