Upon consultation with his own men and the Symerons, he found them divided in their opinions; some declaring, that, before they engaged in any new attempt, it was necessary to increase their stores of provisions; and others urging, that the ships, in which the treasure was conveyed, should be immediately attacked.  The Symerons proposed a third plan, and advised him to undertake another march over land to the house of one Pezoro, near Veragua, whose slaves brought him, every day, more than two hundred pounds sterling from the mines, which he heaped together in a strong stone house, which might, by the help of the English, be easily forced.

Drake, being unwilling to fatigue his followers with another journey, determined to comply with both the other opinions; and, manning his two pinnaces, the Bear and the Minion, he sent John Oxenham, in the Bear, towards Tolu, to seize upon provisions; and went himself, in the Minion, to the Cabezas, to intercept the treasure that was to be transported from Veragua and that coast, to the fleet at Nombre de Dios, first dismissing, with presents, those Symerons that desired to return to their wives, and ordering those that chose to remain to be entertained in the ship.

Drake took, at the Cabezas, a frigate of Nicaragua, the pilot of which informed him that there was, in the harbour of Veragua, a ship freighted with more than a million of gold, to which he offered to conduct him, being well acquainted with the soundings, if he might be allowed his share of the prize; so much was his avarice superiour to his honesty.

Drake, after some deliberation, complying with the pilot’s importunities, sailed towards the harbour, but had no sooner entered the mouth of it than he heard the report of artillery, which was answered by others at a greater distance; upon which the pilot told him, that they wero discovered, this being the signal appointed by the governour to alarm the coast.

Drake now thought it convenient to return to the ship, that he might inquire the success of the other pinnace, which he found, with a frigate that she had taken, with twenty-eight fat hogs, two hundred hens, and great store of maize or Indian corn.  The vessel itself was so strong and well built, that he fitted it out for war, determining to attack the fleet at Nombre de Dios.

On March the 21st, he set sail, with the new frigate and the Bear, towards the Cabezas, at which he arrived in about two days, and found there Tetu, a Frenchman, with a ship of war, who, after having received from him a supply of water and other necessaries, entreated that he might join with him in his attempt; which Drake consenting to, admitted him to accompany him with twenty of his men, stipulating to allow them an equal share of whatever booty they should gain.  Yet were they not without some suspicions of danger from this new ally, he having eighty men, and they being now reduced to thirty-one.