Mix the sugar and cinnamon in a small bowl and set aside.
Heat your oil in a large skillet (I used a wide 3 quart pan) over medium heat. It will take about 8 minutes or so for it to become the right temperature. While your oil is heating, line a cookie sheet with paper towels.
Drop a small piece of tortilla to test the temperature – if it sizzles right away it’s ready. Fry your tortillas in batches (be careful not to overcrowd your pan). Cook about 3 minutes each batch, until they are golden. Remove with a slotted spoon to the paper towel lined cookie sheet. Before adding the next batch of chips to the pan, sprinkle the newly cooked ones with a few teaspoons of the cinnamon sugar mixture.
Continue frying the chips and sprinkling them with cinnamon sugar until all your tortillas are used. (I did about 4 batches.)
Combine cocoa, sugar, cinnamon (if desired) and salt in a saucepan. Add water, and mix until smooth. Bring this mixture to a boil. Allow it to boil for one minute (be careful this does not boil over.) Remove from heat, cool for a few minutes. Then stir in your vanilla. Cool about 20 minutes and place in a sterilized jar or Tupperware. Refrigerate overnight. Makes about 2 cups.
Be very careful when working with hot oil. It can burn you very badly, and catch fire very easily. DO NOT move your pan during cooking and work very carefully.
Serve your chips with the chocolate dipping sauce on the side. Store unused chips in a Ziploc bag for a day or two. Chocolate sauce should last a few days in the refrigerator. Use extra chocolate sauce for ice cream, coffee, or a midnight snack.
Notes
Make the chocolate sauce a day or two ahead – saves time and lets it cool and thicken properly.