Public Class Form1
Dim panloc As New Point(0, 0)
Dim curloc As New Point(0, 0)
Private Sub setpositins()
panloc = Panel1.Location
curloc = System.Windows.Forms.Cursor.Position
End Sub
Private Sub Form1_Load(sender As System.Object, e As System.EventArgs) Handles MyBase.Load
Timer1.Interval = "1"
setpositins()
End Sub

Private Sub Panel1_MouseDown(sender As Object, e As System.Windows.Forms.MouseEventArgs) Handles Panel1.MouseDown
Timer1.Enabled = True
Timer1.Start()
setpositins()
End Sub

Private Sub Panel1_MouseUp(sender As Object, e As System.Windows.Forms.MouseEventArgs) Handles Panel1.MouseUp
Timer1.Stop()
setpositins()
End Sub

Private Sub Timer1_Tick(sender As System.Object, e As System.EventArgs) Handles Timer1.Tick
Panel1.Location = panloc - curloc + System.Windows.Forms.Cursor.Position
setpositins()
End Sub
End Class