Glazed Peanuts

Directions

1. 1
   Combine all ingredients in a large frying pan.
2. 2
   Simmer and stir constantly until all liquid has been absorbed.
3. 3
   Spread peanuts onto a greased cookie sheet in a single layer.
4. 4
   Bake in a 250° oven for 30 minutes, stirring every 10 minutes.
5. 5
   Cool and store in airtight container.