Just in case you were wondering (yeah, right), I first tasted one of these Caudum Larraz wines last year, which is featured in a Rioja mini-focus looking at the 2007 and 2009 vintages: Spain: Rioja 2007 and 2009.
The 'Caudum' wines were launched over ten years ago as a limited edition range sourced from a half-hectare vineyard called Finca La Cuesta in the Cenicero area, which is still planted with very old un-grafted vines apparently (they're keeping a bit hush-hush on which varieties though). These reds are aged for at least a year in French and American oak barrels and aren't fined or filtered. Winemaking wise, I'd say they perhaps represent the more "modern" face of Rioja, using more new oak and building a denser, more structured and maybe more export-focused style (only available in Canada as far as I can tell...). There's nothing necessarily wrong with that at all, although I found their 2010 tasting-noted below a little oak heavy when I tried it. However, if the probably finer 2008 is anything to go by, it shows these wines do need a few years before they come together and start to develop. Same goes for their 2009 "Special Selection" red, also reviewed below, which is denser and more concentrated still and has coped with the oak treatment better. I don't know what the prices of these wines are, but I can find out...
More info (although not much in English) @ www.bodegaslarraz.com, or try their Facebook page linked underneath the photo I copied.
2008 Caudum (14% abv) - deep and dense and still pretty purpley black in colour for its age, same goes for the initial oak notes on the nose (purple oak haze man?) - coconut, cedar and vanilla - blended with smoky cassis fruit and liquorice undertones, lightly floral even as well with intricate savoury meaty edges; fairly firm and dry in the mouth with more subtle coconut texture/flavour than on the nose, quite fine tannins though and powerful finish although balanced in the end; tangy vs lush berry fruit with lingering oak too, beginning to develop attractive mature savoury flavours. 2nd day - still quite oaky but has lovely richer sweet berry, cherry and blackcurrant fruit, nice texture with coconut hints and 'chalky' tannins, firm but not over-extracted vs good concentration, powerful finish with sweet vs savoury flavour mix, lightly grainy yet the oak has diminished leading to a fairly fine finish. 4th day open - yes, it did last that long! Still surprisingly alive, more sweet fruit and oak coming through layered with complex 'cheesy' and savoury notes, dark cherry/berry and black olive vs that fair grip, nice dry texture and oomph vs a hint of freshness too. Quite serious wine, was obviously still too young when first opened. Now, that was an essay almost!
2010 Caudum (14% abv) - coconut oak dominates the nose, rich colour and lush fruit vs pretty extracted and solid mouth-feel, oaky finish bolstered by ripe berry fruit. One day open: still showing as rich and extracted, has good substance underneath although the oak hasn't yet blended into the wine... Mind you, I thought that about the 08 which did develop nicely through the oak, so just "let it lie" for the time-being.
2009 Caudum Selección Especial (14% abv) - seems less oaky than the other two (although...), or has absorbed it better probably, with a lush and punchy palate, more blackberry/cherry with liquorice and prune edges even, grippy and extracted layered with lots of fruit vs coconut grain, dry yet fine tannins, powerful and concentrated. Showing some savoury development yet solid and quite closed up, although turned softer and rounder after a while despite its grip, bite and punch. Good stuff, should continue to improve in bottle for a few years. Left open for a couple of days or so: not oxidised, a tad smoother and less oaky yet still has that nice thick texture and concentration.