Shake for hash: possibility and methods?

My friend and I came upon a bunch of shake. We both have an interest in making hash with it, but don't know the right way to go about doing it.

We're both patients and don't like smoking too much for risk of damage to lungs. We usually just buy hash from our co-op, but this time we thought it'd be fun to make our own.

Is it possible to make some good stuff from shake?

If so, what methods are appropriate? I've read a little bit on two methods for making hash, one involves using ice, the other using alcohol or some other agent.
 
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