Virtual Serial Port Access Using C and MinGW on Windows 7 x64

I am trying to communicate with a virtual serial port using MinGW on a Windows 7 x64 computer. According to the device manager, my device is available at COM27. I have this code:

#include <windows.h>
#include <stdio.h>

    int main()
    {
        HANDLE hComm;

        const WCHAR FileFullPath[] = {L"COM1"} ;


        hComm = CreateFile( (LPCTSTR)FileFullPath,
                            GENERIC_READ | GENERIC_WRITE,
                            0,
                            0,
                            OPEN_EXISTING,
                            FILE_FLAG_OVERLAPPED,
                            0);

        if (hComm == INVALID_HANDLE_VALUE) {
            printf("Invalid value: %d\r\n", GetLastError());
        }
    }

Which gives me ERROR_FILE_NOT_FOUND( error code 2 ). Output:

Invalid value: 2

If I changed the port name to COM1(another port that I have), it was not possible to create a file with error 1450 or ERROR_NO_SYSTEM_RESOURCES.

What am I doing wrong? I accept MinGW alternatives, this is not necessary.