Texas Billionaire John Poindexter Plans to Revive Shafter Ghost Town

John Poindexter, an 81-year-old Texas billionaire, announced plans to restore Shafter, a former mining town in West Texas. Shafter was established as a silver mining community in the 1880s and has been largely abandoned for decades. Poindexter's stated goal is preservation of the town's historic structures and character. The specific scope of restoration work and timeline for the project have not been detailed.

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