In a large heavy saucepan add cream and sugar together. Let soak for a few minutes.
After soaking, bring to a slow boil over medium to medium-high heat. Add corn syrup. Stirring constantly.
Using a pastry brush and water to wash down sides of pan several times while boiling.
Using a candy thermometer, cook to 238°F *See notes regarding calibrating your thermometer.
Pour mixture out onto a damp marble slab, cookie sheet, or chilled mixing bowl (avoid glass as the mixture is very hot). DO NOT scrape pot sides when pouring the mixture. This can cause the fondant to have a gritty sugary texture rather than smooth and creamy.
Place 1 Tablespoon of butter in the center of the batch.
Cool until warm to touch (5-10 minutes) then beat or use bread hook in an electric mixer. Beat until mixture turns creamy and dough-like.
Add coconut extract flavoring.
Add coconut flakes. Mix until completely incorporated. Cover or place in an airtight container until ready to use.
If HAND-DIPPING, form coconut mixture into 1 inch by 2 inches by 1/2 inch logs. Press 2 almonds on top of each log. Cover and chill until firm. Once firm, dip in melted chocolate. Please on a sheet of waxed paper or parchment paper until set.
If MOLDING, use a silicone or plastic candy chocolate mold. For cleaning and use of chocolate molds, See post on Tips & Tricks for Making Homemade Chocolates. Fill each mold with 1/3 to 1/2 full of melted chocolate. Using a brush, coat sides (paint sides). Raise mold to the light to ensure each mold is fully coated. Place in freezer until hardened (about 5 minutes). Place an almond or chopped almonds in each mold. Fill ALMOST to the top with coconut filling. Cover top with melted chocolate to seal. Place back in the freezer to set (about 5 to 10 minutes). Once set, carefully flip and tap. If chocolates are cold enough, they will just fall out. Do not heat mold or chocolate. This will make the chocolates stick in the mold.
Store in an airtight container. Best if enjoyed when freshly made but if kept in a cool dry place, these chocolates will keep for weeks if not months.