Bad news. This doesn't work.
My setup:
Tik router with a /30 on the WAN let say 1.1.1.1
Directly connected to my provider 1.1.1.2
I setup a peering connection with 1.1.2.1 which is directly connected to 1.1.1.2.
I added a static route to 1.1.2.1 with a gateway of 1.1.1.2.
I am able to pull all the routes down from 1.1.2.1 but all the routes are not active. When using Winbox the router tells me the interface to reach these routes learned through BGP is "unknown"
Casey