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Preheat oven to 300F degrees.
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Grease a large roasting pan.
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Combine popcorn and nuts in prepared roasting pan.
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Combine morsels, corn syrup and butter in a medium, heavy-duty saucepan.
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Cook over medium heat, stirring constantly, until mixture boils.
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Pour over popcorn and toss well to coat.
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Bake, stirring frequently for 30 to 40 minutes.
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Loosen popcorn from pan and allow to cool slightly in pan.
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Remove to a wax paper lined cookie sheet to cool completely.
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Keeps for two weeks in an airtight container in the fridge-yeah, right!