iTunes setup with peripheral drive

Followup description of what I've done and what's not happening:

I have followed the iTunes directions and it won't "consolidate" the library as it should.

In iTunes' Preferences I have selected "Advanced" and under "iTunes Media folder location" I have iTunes pointing to the accurate file folder in my peripheral drive; that's the first task according to the rubric.

Then, as iTunes help directs, I have gone to File, Library, Organize Library, and clicked on Consolidate (which is what I'm supposed to do, and nothing happens, even after 20 minutes).

If I go to File, Library, Organize Library, Add to Library, it just wants to copy files to my Mini HD... which is what I do not want.

Help!

Ed

Update:

Now, for reasons unknown, it has created the Library Music list: but only part of the total series of music files: all the A albums, and part of the Bs... and then stopped.

I have Pure Music as a software... of course, not booted, but it's on the computer. I have only iTunes booted for this task.

Help!

Ed

I've switched drives a few times. My way of doing it is to copy the music to the new drive. Point iTunes to the new directory, as you have done. After that I just delete the current library, then I add library and point it to the new folder.