If I recall correctly, this is a similar strategy that Endeavour Silver (EXK) used in acquiring the Guanacevi silver mine in Mexico. There were numerous family-run small silver mines in the area with good ore grades that were under-capitalized. All they needed was an injection of money and some mining expertise. No permitting delays or red tape. It paid off quite well for them. The relatively small cash flow kept share dilution to a minimum until they brought the new crushers and floatation circuits on-line leading to their first significant pour of dore bars.