Hi,
I'm not seeing it either... It seems that your files are not going to be recoverable, so I guess you might as well see if the HDD is still usable by "Initializing" "MBR" and "Formatting" it "NTFS"...
nah, Ghritak should plan to replace the failing HDD with a new one soon and not bother attempting to do a "format" on the failing hard drive
I've had something like this happen on my relative's Dell Inspiron 580 desktop PC running Win7 many months ago where it couldn't boot up and the problem turned out to be a failing hard drive (a Samsung brand 1Tb HDD), which started to make strange clicking/banging noises when powering on the computer. I replaced that HDD with a Seagate 1Tb hard drive and restored most of my relative's personal files from a backup.