Consider a simple circuit like this, its a common collector colpitts oscillator.

Which of the following statement is true ?
1. The "emitter drives the tank" and base receives feedback.
or
2. The "base drives the tank" and the emitter receives feedback.
The way most texts explain it, the "emitter drives the tank" and base receives feedback, but in that case *****
the feedback goes through a loop and arrives back (via base-emitter junction) at the driving point, which seems really weird ....
am i missing something ?
there must be some sort of "isolation" or de-coupling between the input and the output.
or
on the other hand, i tried to speculate that "base drives the tank" and emitter receives feedback, but in that case *****
there seems to be no gain of any kind, so how can oscillations sustain ....
@Danko
@crutschow
@Bordodynov

Which of the following statement is true ?
1. The "emitter drives the tank" and base receives feedback.
or
2. The "base drives the tank" and the emitter receives feedback.
The way most texts explain it, the "emitter drives the tank" and base receives feedback, but in that case *****
the feedback goes through a loop and arrives back (via base-emitter junction) at the driving point, which seems really weird ....
am i missing something ?
there must be some sort of "isolation" or de-coupling between the input and the output.
or
on the other hand, i tried to speculate that "base drives the tank" and emitter receives feedback, but in that case *****
there seems to be no gain of any kind, so how can oscillations sustain ....
@Danko
@crutschow
@Bordodynov