I had the head off of mine and my adjuster was FUBAR'ed, so I replaced the tensioner assembly and the blade. I would put the motor on the compression stroke, 15 degrees past tdc, and hold the slotted stud, screw, whatever you want to call it TIGHTLY counter clockwise, so you're holding it the opposite way of the direction you're tightening the nut. The motor ran very quiet this way, but only for a short time. No cam chain noise whatsoever.
It would start making noise after a bump start or any shenanigans on the road. I'd have to get down and adjust it after this, happened maybe 3-4 times. I then took the advice of a member here and tensioned it only slightlywhile tightening the nut, and it's sounded the same until now. My guess is this is correct. I haven't noticed any difference in the sound for about 1,000 miles, but it's probably time for adjustment now, have to check my manual.