diff -ru a/boost_1_54_0/tools/build/v2/build/project.jam b/boost_1_54_0/tools/build/v2/build/project.jam
--- a/boost_1_54_0/tools/build/v2/build/project.jam	2013-10-30 10:58:50.540423200 -0700
+++ b/boost_1_54_0/tools/build/v2/build/project.jam	2013-10-31 11:17:08.775478500 -0700
@@ -132,6 +132,8 @@
         local location = [ path.root [ path.make $(name) ] $(current-location) ]
             ;
 
+ECHO project.find: location: $(location) ;
+
         # If no project is registered for the given location, try to load it.
         # First see if we have a Jamfile. If not, then see if we might have a
         # project root willing to act as a Jamfile. In that case, project root
@@ -142,10 +144,12 @@
         {
             if [ path.glob $(location) : $(JAMROOT) $(JAMFILE) ]
             {
+ECHO project.find: found jamfile "for" $(project-module) "in" $(location) ;
                 project-module = [ load $(location) ] ;
             }
             else
             {
+ECHO project.find: could not find jamfile "for" $(project-module) "in" $(location) ;
                 project-module = ;
             }
         }