- In a heavy sauce pan, combine the peanuts, sugar and water.
- Bring to a boil: cook until syrup has evaporated, about 10 minutes.
- Spread peanuts in a single layer in a 15x10x1 in baking pan; sprinkle with salt.
- Bake at 300 degrees for 30-35 minutes or until dry and lightly browned.
- Cool completely.
- Store in airtight container.