Less than 3000 miles ago I put new sprockets 18/48 and a new Diamond #530 chain(what Hondaman Recommends) on my CB750K6. Everything was great, but recently(last 1000 miles or so) Im doing alot more adjusting and throwing more lube on it than I should have to. Yesterday I made adjustment again and sprayed plenty of lube on again. Went for a short ride (50 miles) came back in and check my chain. To my amazement it looked almost dry and I only rode a short distance and when spinning wheel making the sounds of and chain needing lubrication. How can this be? Had just lube it up good . Ive been using two brands of chain lube that my son had on hand for his 2008 Honda CRF250. ProLink MFR, and Klotz. Are these quality lubes or snake oil? Hope I haven't damaged a almost new chain.
Based on your description of the symptoms, I would bet that the chain has been running too tightly.
Low miles, quality chain, lots of noise, lots of adjusting, etc...
Not assuming you don't already know this, but, a bit too loose is better than too tight. Remember to check for some slack while sitting with all your weight on the seat. The available slack is least when the sprockets are at their farthest point from each other--usually the weight of rider and pillion will compress the suspension enough to reveal this.
My friend and I just loosened his chain this past weekend (while doing tires and front bearings) for this same reason. What appeared to be sufficient slack when on the sidestand suddenly was completely gone when he sat with all his weight on the seat.
All the best,
Shane