Sounds like Ketamine to me. Ketamine is often mentioned as an adulterant in "spiked drinks". Ketamine is a dessociative anesthetic with affects simmilar to PCP. Users describe a feeling of being out of your body, looking at in at themselves; of being outside of ones own body. More infor on Ketamine is availiable at erowid.org/chemicals/ketamine/ketamine.shtml
a note on the second post:
THC is the name of the group of active ingredients in
marijuana, Tetrahydrocannabanoils. "Liquid THC" was a deceptive street gimick in the '70s for selling liquid PCP. PCP has gathered a bad rap and is often sold as an adulterant (or substitute) for other drugs, often resulting in confusion. Today PCP is often called "embalming fluid", causing much confusion since PCP is not a constituant of embalming fluid, and smoking fermaldyhyde (embalming fluid) is not a good idea.
Information = Freedom