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No probs, I've equipped the ash factory I have for pvp on my warlock if you wanna take a look.
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Awesome. Ill farm for it :)
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Drops at a decent rate from the crucible, not sure if it can drop in any other modes like vanguard dragon etc.
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Other pve weapons can. You know that red white and blue sniper that was shown in the screen shots? You can get it from there.