In the microwave or over a double boiler, melt the chocolate chips in a medium sized bowl.
Pour the peanuts into the melted chocolate and stir until completely coated.
Using two teaspoons, drop the mixture onto the cookie sheet in bite-size pieces.
Allow to cool completely before eating. Store in a cool place.
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Notes
Be sure to use Spanish peanuts as they are smaller, rounder and better suited for this recipe.