tech99 said:
The transistor cannot be said to be in Common Collector.
If you view the schematics in the reference provided by the OP, you will see why this implementation is called Common Collector.
http://fourier.eng.hmc.edu/e84/lectures/ch4/node12.html
The component values in the OP circuit are non-optimum in that the amplitude is regulated by crashing hard against the supply rails. That heavy clipping and harmonic distortion is caused by excessive loop gain. The resulting signals are not sinusoidal which makes analysis of the steady state difficult.
By reducing the tank transformer gain, C1=330 pF, C2=100 pF, the circuit can be tamed to the point where the signals are sinusoidal (harmonics more than 40 dB down), the oscillator starts reliably, and the BJT is never turned off completely at any point in the cycle. By using a high resistance base bias (Rth=45k), with a low value of C3 = 10 pF, the signal is attenuated slightly and the influence of transistor parameters on the tank resonator frequency is reduced. Raising the value of the emitter resistor reduces current consumption, and increases the Q of the tank circuit.
There is no inverter in this implementation. The emitter follower is non-inverting, as is the tank circuit transformer. Apart from the power supply, there are only three nodes in the circuit.
The simulation peak-peak amplitude of the sine waves at the three active nodes are as follows. V(tank)=7.64 Vpp; V(base)=6.08 Vpp; V(emit)= 5.92 Vpp. From that a voltage gain audit of the loop shows the gain is distributed as follows.
The tank to base gain; G = 6.08 / 7.64 = +0.796
The C3=10 pF coupling and base bias, Rth=45k, provides base signal current.
The base to emitter gain is; G = 5.92 / 6.08 = +0.974
Which is expected for an emitter follower.
The tank transformer gain is; G = 7.64 / 5.92 = +1.290
As a guide, I would expect; G = (1/C1+1/C2)*C1 = 1.303
The loop gain is the product of those three gain factors. Naturally the three Vpp amplitudes mutually cancel around the loop, to unity.
(6.08 / 7.64) * ( 5.92 / 6.08) * (7.64 / 5.92) = 1.000