Cannot take ownership of new harddrive access denied

Just got a new harddrive. installed it fine. trying to format it so i can get to storing files in it but it doesnt let me take ownership of new harddrive. I also get this "access denied" messege. Any advice?
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  1. What OS are we talking about here?
  2. I have the same Problem! Just added my old IDE Hard drive into my new PC (which was running a Serial ATA) It recognizes the drive, had to change boot sequence in BIOS but it recognized it. Now I changed all permissions and took ownership of the drive and it still wont let me in "Access Denied" it keeps saying. Currently running Windows 7 Ultimate 64x
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