As I guessed, But remember it is capacitive. That is it acts like a capacitor.
A capacitor acts like a resistor when you have High freqencies.
This is just an illistration and values are hypothetical. Say the paste was across two pins, one has the 100 Mhz and the other happened to be ground and the capacitance was the same as 100 nanofarads, then it would be the same as 1/ (2 x 3.14 x 0.1 x 10 to the -6 x 100 x 10 to the 6) = 0.016 ohms This would be the same as if it was conductive and would short the 100 MHz signal to ground.
Remember, I just used a number out of my head, the capacitance could be 1 picofarads
not as bad, 159 ohms, but still not good. To many variables to give a good estimate, ie thichness and distance between the two points.