3/4 stick butter
2 sqs. baking chocolate
1 c. granulated sugar
1 sm. can evaporated milk
1 tsp. vanilla

Melt butter and chocolate in medium saucepan. Add sugar, milk and vanilla. Cook over medium heat, stirring continually until mixture reaches a gentle boil.

Serve warm over vanilla ice cream. If desired, add a generous spoonful of peanut butter for a peanut butter fudge sauce.