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Step 1
In a medium mixing bowl, combine the coconut and sweetened condensed milk.
Step 2
With clean and wet hands, shape the coconut mixture into 12 logs, placing each on a parchment paper lined cookie sheet. Freeze for about 20 minutes.
Step 3
In a microwave-safe bowl, melt about 10 ounces of the chocolate by microwaving on high for 30 seconds then in 15 second intervals until completely melted. Stir well between each interval.
Step 4
Add the remaining 5 ounces of chocolate to the melted chocolate and stir until it is melted.
Step 5
Use forks to dip each of the coconut bars into the chocolate, then transfer back to the parchment paper lined cookie sheet. Allow the chocolate on the bars to set. Because the bars were chilled in the freezer, the chocolate should set quickly.