Hi Jameson ,
My WD external hard drive is a replacement drive that WD sent me this week ! The previous one worked well for about a year and began to have this problem. I did each step you suggested and, also, with another account and the problem is still there.
But today, i tried to do the testing and connected my hard drive on another Mac belonging to my brother-in-law.
And if i power off his Mac and wait 4-5 minutes , and connected again, my external hard drive doesn't appear . Same problem !
So i think this problem is not on the Mac but on the WD hard drive. Since beginning of July, we made a lot of testing with WD on My Mac and after consulting his WD engineers, the guy told me ¨we will send you a new one ¨.
I will advise WD that this hard drive has the same problem as the other one and to try to find the solution !
Thanks !