Place chips, butter, and peanut butter in microwave bowl.
Microwave on 50 percent power (medium) for 4 1/2-5 1/2
minutes stirring after 3 minutes. Add a little milk till creamy.
Be sure not to add too much. Continue to cook for a couple
more minutes. Stir until smooth. Add marshmallows and
peanuts. Spread in greased 8 x 8 dish. Cool in refrig.
Cut into squares. Freezes well.