1. Name and Address of Reporting Person: Jimmie T. G. Coulson
6302 South Corkery Road
Spokane WA 99223
2. Issuer Name and Ticker or Trading Symbol: The Coeur d'Alenes Company
3. Social Security Number of Reporting Person: ###-##-####
4. Statement for Month/Year: December 1997
5.
6. Relationship of Reporting Person to Issuer: Director,
Officer - President/CEO
10% owner
Non Derivative Securities Acquired, Disposed of, or beneficially Owned
1. Title of Security: Common Stock
2. Transaction Date: 12/23/97
3. Transaction Code: P
4. Securities Acquired: Amount - 7,500 (A) Acquired Price $0.20
5. Amount of Securities Beneficially Owned at End of Month: 1,664,826
6. Ownership Form: Direct
7. Nature of Indirect Beneficial Ownership: N/A
Derivative Securities Acquired, Disposed of, or beneficially Owned
1. Title of Derivative Security:
Put(Obligation to Buy) First Right of Refusal (Right to Buy)
2. Conversion or Exercise Price of Derivative Security: $0.32
3. Transaction Date: 4/19/97
4. Transaction Code: Code C
5. Number of Derivative Securities Acquired: (D) 24,010
6. Date Exercisable and Expiration Date:
Date: 1996
Expiration: 2003
7. Title and Amount of Underlying Securities:
Title: Common Stock
Amt or Number of shares: 24,010
8. Price of Derivative Security: $0.32
Line 2
1. Title of Derivative Security:
Put(Obligation to Buy) First Right of Refusal (Right to Buy)
2. Conversion or Exercise Price of Derivative Security: $0.32
3. Transaction Date: 5/04/97
4. Transaction Code: Code C V
5. Number of Derivative Securities Acquired: (D) 33,614
6. Date Exercisable and Expiration Date:
Date: 1996
Expiration: 2003
7. Title and Amount of Underlying Securities:
Title: Common Stock
Amt or Number of shares: 33,614
8. Price of Derivative Security: $0.32
9. Number of Derivative Securities Beneficially Owned at End of Month: 403,421
10. Ownership Form of Derivative Security: Direct
11. Nature of Indirect Beneficial Ownership: N/A