1. Mix all the ingredients except for the pecans in a saucepan and cook over low heat for about 15 minutes or until soft ball stage. 2. Remove from heat and beat for several minutes. 3. Add vanilla and the pecans. 4. Spoon out onto wax paper to cool and dry. 5. Make sure to remove from wax paper within 15 minutes or the candies will be syrupy on the bottom.