Cracker Jack Popcorn

Put the popped popcorn in a very large bowl or roaster pan. Set aside. In a small saucepan, combine salt, sugar and butter. Cook on medium-high heat and stir constantly for about five minutes. Then, add the pancake syrup and continue to cook. If sugar begins to burn, turn down heat and add some cooking oil or additional butter. Keep stirring and cooking until the mixture becomes sticky and caramelized; approximately 15 minutes. Once it has reached the caramel state, remove pan from heat and stir in peanuts. Let mixture stand for about 5 minutes. Then, pour over the popped popcorn and mix thoroughly. Yields 16 servings. Enjoy!